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Subsidy on rice, sugar to stay
 


BRUNEI MUARA
Friday, May 16th, 2008

THE government will continue subsidising rice and sugar, Radio Television Brunei (RTB) reported last night.

In an interview with RTB, Hj Umar Ali Hj Abdullah, the director of the State Store and Information Technology, said that the government is aware of the global food crisis at the moment, and is always attentive to new development.

Hj Umar said although the country still depends on rice imports, the increase in the global price of the commodity will not affect retail prices in Brunei.

"The rice supply in the country is consistently sufficient and guaranteed. Therefore, the price of the three types of rice being imported will remain the same," he said.

"The government has no plans of raising the prices," he added.

The subsidy provided by the government is aimed at lessening the burden of the citizens of Brunei, RTB reported.

Currently, the government has a long-term agreement with the largest rice provider in Thailand, Chia Meng Company Limited.

Full story on The Brunei Times' Official Website..



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