24 Hrs
Source:
الصباح
Source: الصباح
24 Hrsالصباح
Source: الصباح
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The 2027 budget allocates approximately 11.8 billion dinars for subsidy expenditures, of which more than 7 billion dinars are dedicated to supporting electricity and fuel, aimed at addressing the global rise in oil prices and essential commodities. The subsidy expenses are distributed as follows: 59.8% for fuels, 34.1% for essential goods, and 6.1% for transportation, with expectations of an increase in fuel and electricity subsidies to around 7 billion and 90 million dinars. The measures include improving the performance of related companies, reducing smuggling and illegal practices, and ramping up investment in renewable energy and developing oversight systems to achieve greater efficiency in the subsidy system and reduce its costs, alongside supporting food security and initiatives to boost domestic production.
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