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Panama's "ecotvpanama" website reported on April 25, Valderrama pointed out that after the outbreak of the new crown epidemic, the Panama economy is facing a series of difficulties
.
Despite this, the agricultural sector 's gross domestic product has grown by 3.
5% over the past two years
.
.
Despite this, the agricultural sector 's gross domestic product has grown by 3.
5% over the past two years
.
The Ministry of Agriculture and Animal Husbandry Development emphasized in early April that Panama has increased exports of cassava, yam and papaya to Canada, the United States and European markets, and expanded exports of palm oil, coffee and meat to China
.
.
Valderrama said the government has consistently supported the development of the agricultural sector
.
In the first year (2020) after the COVID-19 outbreak, the government cashed out nearly $80 million in production subsidies to rice, corn and milk producers
.
Taking into account the recent increase in the cost of rice production, the government will distribute US$150 million in subsidies to rice farmers this year to avoid pressure on residents' lives due to rising rice prices
.
.
In the first year (2020) after the COVID-19 outbreak, the government cashed out nearly $80 million in production subsidies to rice, corn and milk producers
.
Taking into account the recent increase in the cost of rice production, the government will distribute US$150 million in subsidies to rice farmers this year to avoid pressure on residents' lives due to rising rice prices
.
Regarding the debts owed by the agricultural sector, Valderrama said, "We have paid off almost $50 million of old debts owed before 2019.
"
"
