24 January 2018 01:21 PM

Minister: Reserves of strategic commodities cover up to 4 months

Friday، 17 February 2017 - 03:43 PM

Supply Minister Ali Al Moselhi said on Thursday 16/02/2017 the stocks of strategic goods and commodities are stable and safe to cover around four months of consumption.

Addressing a press conference, the minister said the state's subsidy system would be re-evaluated.

A study would be made on the system to identify its pros and cons, he said, adding a new mechanism for domestic trade would be developed to control markets.

He described the timing as 'critical', calling for efficiently directing subsidy for the people who need it.

MENA

Related Stories

Most Visited

From To
  • Asr

    02:51 PM
  • FAJR

    04:58

  • Shruq

    06:20

  • Duhr

    11:46

  • Asr

    14:51

  • Maghrb

    17:12

  • Isha

    18:42