Copra production is set to reach record levels in the Marshall Islands which the government says is because it has boosted the price for the commodity.
Bags of copra stacked for weighing at the Tobolar Copra Processing Authority milling plant in Majuro Photo: Marshall Islands Journal
President Hilda Heine said a total of 6602 tons of copra had been delivered to the Tobolar Copra Processing Authority in Majuro from October last year until the end of July 31 this year - with a new record expected once the figures for August and September were included.
The RMI Government would continue to support producers with almost $US6 million allocated in the 2020 national budget, which aims to keep the high price of copra at 50 cents a pound, she said.
"Increasing the price paid by my administration for copra from 30 cents a pound to 50 cents - a rise of 66 per cent - is just one example of how our actions are benefiting all Marshallese," Dr Heine said