Bahrain Crown Prince issues directives to combat inflation

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Bahrain's Crown Prince and Prime Minister His Royal Highness Prince Salman bin Hamad Al Khalifa has directed the government authorities concerned to develop urgent plans and procedures to stabilise prices and ensure the availability of commodities.

He also directed the authorities and the Ministry of Social Development to disburse an additional month of financial support for low-income families to account in view of global inflation, said a Bahrain News Agency report.

Other measures announced by him to control inflation include:

* Temporary suspension of industrial land fees for food storage facilities for three months;

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

* Increased monitoring and inspection of local market prices.