Friday, December 23, 2011

Government plans olive oil, sugar beet subsidies

BEIRUT: The government intends to launch olive oil and sugar beet subsidies, said Agriculture Minister Hussein Hajj Hasan.

Hajj Hasan said his ministry had prepared the sugar beet subsidies draft decree and intended to pass it on to Prime Minister Najib Mikati and other concerned ministers for further examining.

Olive farmers rejected Monday a Cabinet decision last week to buy 50,000 20-liter canisters of olive oil.

The quantity, designated for Lebanese Army consumption, is intended to support farmers who have been saying they are unable to market more than 200,000 canisters of 2011 produced olive oil. ?

Source: http://www.dailystar.com.lb/Business/Lebanon/2011/Dec-22/157621-government-plans-olive-oil-sugar-beet-subsidies.ashx

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