Bahrain allocates $174m for food subsidies
Manama, January 14, 2013
Bahrain’s meat, poultry and flour industries will receive BD67 million ($174.4 million) in government subsidies this year, up from BD56 million in 2011, a report said.
The government has also earmarked BD67 million to continue subsidising these basic staples in 2014, according to the report published in our sister newspaper, the Gulf Daily News.
Industry and Commerce Minister Dr Hassan Fakhro submitted a memo updating the weekly Cabinet session on soaring government subsidies.
The ministry and Municipalities and Urban Planning Affairs was also instructed to study the possibility of supporting local livestock farmers and submit a report. The aim is to meet consumers' needs in local meat and poultry at subsidised prices. – TradeArabia News Service
Tags: Bahrain | Cabinet | Meat | Poultry | food subsidies |
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