Agri Ministry says has plan to cushion higher food prices

Robert Persaud

With global food prices hitting a record high last month and with prices forecast to increase, the Ministry of Agriculture is pursuing initiatives to cushion the impact locally and also benefit economically from higher earnings from agricultural exports, Minister, Robert Persaud says.

Reuters reported on January 6th that record high food prices are moving to the top of policymaker agendas, driven by fears it could stoke inflation, protectionism and unrest and dent consumer demand in key emerging