Thursday 28 March 2024
 
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food subsidies

WTO overcomes last minute hitch to clinch key deal

The World Trade Organization (WTO) reached its first-ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $

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Bleak outlook for WTO deal as rift widens

Divisions over food subsidies widened among members of the World Trade Organization (WTO) on Thursday, making it unlikely a landmark trade deal could be reached with just a day left to the end of talks. After 12 years of fruitless

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Bahrain allocates $174m for food subsidies

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 contin

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Bahrain spends $1.3bn on subsidies

Bahrain spends 500 million dinars ($1.33 billion) a year on subsidies for food and fuel in an effort to offset inflation, Bahrain's prime minister said. Gulf Arab states should cooperate to secure food supplies, Bahrain's state news agency

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