Key highlights:  

• In March 2023, there was a very slight or marginal depreciation of the informal exchange rate for the domestic currency (2 percent m-o-m). This resulted in the general stability of prices for most agricultural inputs, especially seeds and agrochemicals.
• The Agricultural Cooperative Bank (ACB) delivered the second phase of subsidized fertilizers, mainly urea and ammonium nitrate for wheat farmers, based on planting licenses issued by the local agricultural departments at field level and 
• Local authorities in monitored governorates made a decision to increase the allocation of diesel for agricultural use out of the total available amounts, in an effort to support supplementary irrigation and boost wheat production output.