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Start-ups need subsidy support to grow, it has been claimed

Business leaders urge subsidy relief for SMEs in Bahrain

MANAMA, August 28, 2015

Subsidy relief must be offered to help small and start-up businesses succeed in the wake of planned government cuts, a prominent business leader has argued. Plummeting oil prices over the past 12 months have forced Bahrain to rethink its subsidy regime, and under current plans much of the financial aid offered by the government to help keep food and fuel prices low will be stopped – starting with the meat subsidy on September 1, said a report in the Gulf Daily News (GDN), our sister publication.
 
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Tags: Bahrain | SME | subsidy | cuts | Relief |

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