HRH the Crown Prince and Prime Minister issues directive to combat inflation

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today directed the concerned authorities and the Ministry of Social Development to disburse an additional month of financial support for low-income families to account for global inflation.

HRH the Crown Prince and Prime Minister also directed the concerned government authorities to develop urgent plans and procedures to stabilise prices and ensure the availability of commodities. His Royal Highness has instructed that the following be implemented:

1. The disbursement of an additional month of financial support for low-income families for January 2023

2. Temporary suspension of industrial land fees for food storage facilities for three months

3. Temporary suspension of approvals and fees required by the Ministry of Industry and Commerce for supermarkets to run promotional campaigns for three months.

4. Increased monitoring and inspection of local market prices.