Government boosts  flour subsidies

Government boosts flour subsidies

access_time2021-01-22 16:30:17


The Georgian government has  decided to boost flour subsidies - on the market price of a 50-kilogram sack of first grade flour will not exceed GEL 15.

 

The subsidies will concern the companies that have purchased at least 75 tons of flour over the past 90 days or imported at least 140 tons.

 


The subsidies will be available  from February 1 to March 31.

 

The government will allocate GEL 10 million for subsidies from the budget. The flour subsidy program was launched  on December 1 and will last until the end of March and is aimed to prevent an increase in bread prices amid  an increase in the global grain prices.

 

Eight large companies won the tender to get  subsidies.



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