Economy

Price of cherry coffee increases by 10%

“The price of cherry coffee A has increased from BIF 500 to BIF 550 per Kg while cherry coffee B increases from BIF 250 to BIF 275 per Kg “said Déo Guide Rurema, Minister of the Environment, Agriculture and Livestock, at the official launch of the 2020-2021 Coffee Campaign.

Coffee field

He indicates that this decision was taken following requests by coffee growers. This measure was taken after the government decided to reform this sector in order to solve some problems undermining this sector to revitalize it. .

He namely raises irregularities in the payment of coffee growers, the non-repatriation of foreign currency which resulted from the export of coffee.

The Agriculture Minister has said the government referred to reports produced by experts on the challenges caused by the privatization of the coffee sector.

“ARFIC company that used to regulate the coffee sector was replaced by Coffee Development Authority-ODECA which was created to follow closely and promote the coffee sector,” has said Minister Rurema, adding that the privatization of the coffee sector has failed to develop the latter.