Tuesday, May 10, 2016

Export subsidy program extended till March 2017. 70 percent of subsidies still not used


The Council of Ministers has extended the export bridge subsidy program until the end of March 2017, according to the Investment Development Authority (IDAL). The program covers the cost of transportation through roll-on-roll-off (RO-RO) ferries. The temporary maritime export bridge that the Government subsidized to support local exports was implemented six months ago, when the land border between Syria and Jordan was closed. It expired last month.

IDAL, the public entity responsible for...

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