State cannot afford subsidies for fishermen: Finance Minister Inaz

Responding to a query during Minister’s Question time at the first sitting of this year’s final session of parliament, Inaz explained that parliament had approved reducing amounts from other budget items to free up funds to subsidize oil for fishermen.

“It would have been easier if parliament had decided to reduce from a particular item,” he said, noting that potential items included subsidies for water, oil and foodstuffs as well as state benefits for persons with special needs.

“If we cut any of the [budget] items, we would be cutting basic needs,” he said. “The Majlis has not asked the government to cut any particular item so the government cannot cut any item and hasn’t been able to find a fair way to issue subsidies for fishermen.”