Cabinet extends tax reduction on vegetable oils

  • Date: 02-Jun-2022
  • Source: Jordan Times
  • Sector:Economy
  • Country:Gulf
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Cabinet extends tax reduction on vegetable oils

AMMAN — The Cabinet on Wednesday decided to extend a decision to reduce general sales tax on vegetable oils to zero per cent  instead of 4 per cent until the end of August.

The decision seeks the reduction of prices of vegetable oils for the public in light of their high prices globally, the Jordan News Agency, Petra, reported.

The Cabinet also approved the integrated industrial partnership initiative for sustainable economic development, which was signed between Jordan, the UAE and Egypt earlier this week in Abu Dhabi.