Bahrain: A Country Addicted to Debts, Loans and Aid
According to the report of the Financial and Administrative Oversight Bureau for the years 2021 and 2022, Bahrain's public debt and interest rates have reached catastrophic numbers. The report indicates that the government has turned Bahrain into a sick country addicted to debt and aid.
Bahrain: First State to Announce Decline in Oil Sector
While the government of Bahrain announced GDP growth of 6.9% in the second quarter of this year, it noted a decline in oil sector growth by 2.2%. So how did the sector's growth decline as oil prices doubled?
Bahrain to Borrow BD300 Million in 2021 to Cover Budget Deficit: Finance Ministry
The Shura Council's financial and economic affairs committee recommended the approval of a decree that raises public debt ceiling from BD13 to 15 billion.
Bahraini Gov't Decides to Search for Alternative for Financial Balance Program
The story of the Financial Balance Program started in October 2018 and ended in October 2020.
Bahrain's GDP Growth Rate down by 1.1% in Q1 2020
The Ministry of Finance and National Economy published the Q1 2020 Bahrain Economic Quarterly report for the Kingdom of Bahrain. The report revealed a decline in real GDP growth (at constant prices) at a rate of 1.1% YoY.
Government Pumps Additional BD177 Million into this Year's Budget
The government has agreed to pump an additional BD177 million ($470.7 million) into this year's budget to deal with the emergency expenditures incurred by the country as a result of the Coronavirus pandemic.
Labor Ministry Annuls Decision Allowing Training Institutions to Resume Work
The Labor Ministry annulled a decision allowing training institutions to resume their work and receive trainees.