Abu Dhabi, Jul 23rd, 2011 (WAM) — The Khalifa bin Zayed Al Nahyan Humanitarian Foundation is gearing up preparations to carry out a nationwide program to subsidise rice as per directives from President His Highness Sheikh Khalifa Bin Zayed Al Nahyan.
The move, which reflects the President’s diligence to guarantee citizens their essential needs and ease up the cost of living, will ensure that the staple food is sold at less than half the original price, following the footsteps of a similar program that is being successfully implemented in the emirate of Abu Dhabi.
The subsidy program will be carried out in cooperation with the municipalities across the country.
The program envisages to distribute around 325,000 sacks of 40kg Basmati rice at a price of AED 120 while the original price of a sack stands at AED 260.
The Foundation has designated distribution centres across various emirates, under the supervision of co-operative societies and municipalities.
The foundation said that rice of the highest quality has been selected for the program, that comes on the occasion of the Holy month of Ramadan.
This is the second year in a row the Foundation is implementing the Ramadan food program on the local level.