Iraq to subsidize Ramadan foods

Iraq to subsidize Ramadan foods

On July 2, 2014 the government of Iraq announced that it will subsidize basic foods during the holy month of Ramadan. The program aims to protect Iraqi families from price hikes in local food markets. The government has signed agreements with international companies worth almost $500 million to supply the food. The contracts are set to take effect immediately.

The above is a summary of a July 2, 2014 article from Al-Shorfa. To see the full article, click here.