Malaysia expands subsidies for rubber cultivation.

THE Malaysia announced the expansion of subsidies for rubber cultivation as part of a agricultural modernization plan until 2029, according to information from the agency Vietnam News AgencyThe measure aims to encourage replanting and strengthen the income of small rubber producers. Increased government support comes amid rising agricultural input costs. and to global economic uncertainty, factors that have hindered crop renewal, especially on small farms. In Malay Peninsulathe value rose to 20,000 ringgits per hectare, while in the regions of Sabah and Sarawak The incentive was increased to 23,000 ringgit per hectare. The program will be implemented throughout this year in five installments. Its objective is to reduce the initial financial pressure on producers, as well as to encourage a more structured expansion of cultivated areas. The official expectation is to benefit around 33,000 small producers. and achieve a goal of replanting of 50,000 hectares, equivalent to approximately 10,000 hectares per yearIn addition to the immediate cost relief, the The government projects long-term gains for the sector., with increased productivity and monthly income for rural families, estimated at around 4,700 ringgits after the modernization of the farms.

This text was translated by machine from Brazilian Portuguese.