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View Full Version : Bread makers get subsidy



NewsWhore
01-24-2008, 02:10 PM
Medium and small-sized bread makers in the DR are getting a break as Industry and Commerce Minister Melanio Paredes announced that they would be getting a RD$70 million subsidy per month. Paredes explained that the temporary subsidy would include RD$350 per month for the purchase of sacks of wheat that weigh 120 pounds. The subsidy will only be available to producers using between 70,000 and 200,000 sacks of wheat monthly. Paredes added that an agreement had been reached with the Medium and Small Flour Industrial Union (UMPIH) and the subsidy will benefit 2,000 bread producers. Paredes, quoted in Listin Diario, dismissed the idea that the subsidies are a way of influencing the upcoming presidential elections. He added that his Ministry will not allow an unjustified increase in food prices.

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