SAWT BEIRUT INTERNATIONAL

| 26 February 2024, Monday |

Will subsidies on flour be lifted?

LBCI Sources stated that there are “efforts to keep the subsidy on 35,000 tons of flour exclusively for the bread industry, and lifting it from 35,000 tons of flour for other industries.”

The sources pointed out that “the oil market is not limited and companies are looking for alternatives. As for fodder, there is no fear of outages. Corn and soy are available in sufficient quantities, and they are imported from markets rather than Ukraine.”

    Source:
  • LBCI