Tag: subsidized

Egypt Needs to Raise Price of Subsidized Bread, PM Says

(Bloomberg) — Egypt needs to increase the price of subsidized bread to reflect its true cost to the government, Prime Minister Mostafa Madbouly said. Most Read from Bloomberg Madbouly, speaking during a tour of an Alexandria factory, also said the government will pay between 20%-25% of the arrears to foreign oil companies in the coming […]

Biden Administration Job Growth Numbers Are Subsidized By Record Numbers Of Government Jobs — 25% of New Jobs Are In Government

In 2023, the U.S. job market experienced a trend where nearly 25% of all job gains were attributed to government positions, underscoring a significant reliance on public sector employment to sustain economic growth. This development is particularly striking given the broader context of a thriving economy, marked by impressive job additions and the robust performance […]

City looks to create subsidized housing through vouchers

NEW YORK — The Adams administration is launching a new initiative that aims to use city vouchers for homeless New Yorkers to create subsidized housing in market-rate buildings. Under the program first reported by POLITICO, nonprofits contracting with the city can lease buildings from private landlords for up to nine years, before renting those apartments […]