Saturday 30 May 2015
 
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Spending rethink 'vital for subsidy cuts plan'

Bahrain’s government has been asked to justify its planned public spending in the budget for 2015 and 2016, as parliament and the Shura Council seek alternatives to subsidy cuts. Both chambers of the National Assembly yester

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Alternatives to subsidy cuts urged in Bahrain

Alternatives to subsidy cuts must be found as Bahrain seeks to rein in public spending, a joint meeting of MPs and Shura Council members announced yesterday (May 24). Shura Council financial and economic affairs committee chairman

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Meat prices may double in Bahrain say experts

Proposed government cuts could result in the price of subsidised meat more than doubling in Bahrain, according to experts. The government on Monday (May 18)  announced plans to reduce spending by BD386 million ($1.01 billion)

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Bahrain’s private sector to face more subsidy cuts

More subsidies cuts targeting the private sector are being considered in Bahrain, including fees for government services such as land registration and sewage drainage at commercial properties. The government intends to provide suc

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Bahrain’s private sector to face more subsidy cuts

More subsidies cuts targeting the private sector are being considered in Bahrain, including fees for government services such as land registration and sewage drainage at commercial properties. The government intends to provide suc

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Bahrain Cabinet approves measures to cut costs

Bahrain’s Cabinet has approved a number of immediate measures to cut expenditure, boost revenues, redirect subsidies, optimise the cost of public services and merge government agencies. The austerity measures are expected to

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Bapco five-hour power cut 'minor'

A five-hour power cut hit Bahrain Petroleum Company (Bapco) yesterday (May 11) due to a failure in a gas turbine power generator. The company said in a statement that the refinery experienced a "minor" loss of power arou

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Subsidy cuts for wealthy expats, firms proposed

Subsidy cuts are set to hit wealthy expatriates and companies first under proposals being considered following the Bahrain Cabinet's approval of the new national budget yesterday (May 4). This was revealed to the Gulf Dail

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Subsidies cut to hit low-income expats in Bahrain

A government plan in Bahrain to cut subsidies would mostly affect low-income expatriate workers, who would need a salary increase to cope with the extra expenses, according to experts. The Gulf Daily News (GDN), our siste

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Bahrain F1 line-up ‘not hit by budget cuts’

Spending for this year's Bahrain Grand Prix has been scaled back by almost 30 per cent, it has been revealed. Costs are down year-on-year because of last year's 10th anniversary extravaganza, Bahrain International Circuit

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