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Jordan to provide cash support to citizens after ending bread subsidies

Xinhua,January 16, 2018 Adjust font size:

AMMAN, Jan. 15 (Xinhua) -- Jordan on Monday announced to end the bread subsidies, while promising to provide cash support to its citizens instead.

Each family whose yearly income is less than 12,000 Jordanian dinars (around 16,000 U.S. dollars) will get cash support, Jordanian Prime Minister Hani Mulki said Monday.

Each individual will get 27 dinars every year after the increase in the bread prices, Mulki said.

Prices of bread will be increased from the beginning of February, he said.

The prime minister added that the government has allocated 171 million dinars to provide cash support to citizens after deciding to end the bread subsidies.

The government decided to end the bread subsidies, citing that more than 50 percent of the subsidized bread is consumed by noncitizens who place pressure on the state budget.

On Monday, Jordan endorsed the 2018 state budget with a deficit of more than 500 million dinars due to a drop in foreign grants. Enditem

 

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