Public Finance Management (Strategic Food Reserve Trust Fund) Regulations, 2015 (L.N. No. 15 of 2015).

These Regulations provide for the establishment of a Strategic Food Reserve Trust Fund. The object and purpose for which the Fund is established is to provide a Strategic Food Reserve in physical stock and cash equivalent. "Strategic Food Reserve" includes maize, beans, rice, fish, powdered milk and canned beef. Specifically the Fund shall: (a) stabilize the food supply and prices in the country; (b) arrange for procurement, storage and sale of food commodities; (c) maintain adequate strategic food reserves in physical stock or cash equivalent at any one given time; and (d) mobilize resources to support strategic food reserve related activities. The Strategic Food Reserve Oversight Board shall, among other things: (a) formulate policies and guidelines for the regulation and management of the Fund; ensure strategic food reserves rotation and optimization; ensure food quality standards along the Strategic Food Reserve supply chain; monitor grain market prices.