But the diversion of a substantial amount of Rs5.9bn in the middle of the year to support sugar manufacturers spiked its
subsidy expense by 5.3pc.
The government said in April that study on the targeted petrol
subsidy for the low-income or B40 group is now in the final stages, state news agency Bernama reported.
10 rupees
subsidy will be given on drinks bottle of 800 ml bottle and 15 rupees on 1500 ml bottle while
subsidy will be also given 50 rupees per KG on Tea leaf and 15 rupees per KG on Milk.
I think that the issue of fuel
subsidy is a very touchy one.
According to the Punjab Agriculture Department Spokesman, Haroon Ahmed Khan, the
subsidy was being given on Diammonium phosphate fertilizer, Nitrophos, Nitrogen-phosphorus-potassium and Sulphate of potash fertilizers.
The National Irrigation Administration (NIA) received the second highest amount of
subsidy with P28.427 billion, contracting by 5.75 percent from the P30.163 billion it received for 2017.
In other words, the cost of the
subsidy in Iran is based on how much Iran could earn from the crude if it sold it on the international market.
To date, the Philippine Health Insurance Corp (PHIC) has so far received the largest
subsidy amounting to P15.21 billion.
The National Fuel
Subsidy System has called on all registrants who received text messages related to data confirmation to update their data to ensure that they continue to benefit from the
subsidy.
by ONAThe National Fuel
Subsidy System called all registrants who received text messages related to data confirmation to update their data to ensure that they continue to benefit of the
subsidy.
Although the government reduced the
subsidy several times during this period, the total amount of
subsidy continued to climb.
In budget 2018-19, the allocation for subsidies to WAPDA/PEPCO forms the major component, which is 76.7 per cent of the total allocation, followed by
subsidy to PASSCO with a share of 10.9 per cent and KESC with a share of 8.8 per cent.
Any move to remove or reduce
subsidy is viciously overplayed in the mainstream media.
In the Federal Budget 2017-18, it was decided to maintain prices of Urea up to 1400 per bag, it was also decided at a high level meeting held in the Prime Minister's office, on 24-01-2017 that the fertilizer
subsidy scheme will remain a Federal Government initiative.
