Mon   16 Jul 2018   Search
Technical sub-committee report on subsidy re-structuing discussed
08 : 19 PM - 12/07/2018
Manama, July 12 (BNA): The Joint Parliamentary Committee on subsidy re-structuring mechanisms chaired by Council of Representatives’ First Deputy Speaker, Ali Al Aradi, today discussed the report of technical sub-committee of the Joint Committee, chaired by Shura First Deputy Chairman, Jamal Fakhro, prior to discussing it with the Government-Legislature Committee.

The meeting focused on increasing the number of beneficiaries of the cost of living allowance, where heads of families whose monthly incomes between BD0-300 will receive BD150 as a cost of living allowance, that is 37,593 heads of families will get an increase of BD50. Heads of families whose monthly incomes between BD301-700 will receive BD100, that is 45,290 heads of families will benefit an increase of BD30 from the same allowance. Heads of families whose monthly incomes between BD701-1000 will receive BD75, that is 33,223 heads of families will get an increase of BD25. The committee has established a fourth category to benefit heads of families whose monthly incomes between BD1000-1200, where they will receive BD50 as a cost of living allowance.

In respect of the social assistances for families and individuals (Social Security), the committee decided to maintain the current privileges for beneficiaries of the Social Security, and to benefit the beneficiaries of the Social Security from the increase of the cost of living allowance BD100-150 in accordance with followed terms and conditions. In addition, with regard to the cost of living allowance for retirees, they will be treated according to categories of heads of families, providing that the total of the social security assistance and cost of living allowance shall not exceed BD350 and to cover families and individuals.

The committee also recommended intensifying efforts to engage beneficiaries of the social security in rehabilitation and employment projects, as well as in projects of productive families.

The committee agreed to double benefits for people with disabilities to become BD200, to cover cerebral palsy, autism and multiple disabilities.

Concerning cost of living allowance for retirees, the committee agreed that those whose monthly retirement income less than BD700 will receive a cost of living allowance of BD150. Those whose monthly retirement income between BD700-1500 will get BD125. In addition those whose monthly retirement income between BD1500-2000 will get BD75. 97% of the aforementioned will benefit from the cost of living allowance.


MJ

BNA 1707 GMT 2018/07/12


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