Saturday 4 July 2015
 
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Subsidies

Subsidy reforms ‘key to GCC economic growth’

Countries in the region have been urged to follow Bahrain's footsteps in diversifying their economies. UK-based economist Scott Corfe, who is the economic adviser for the Institute of Chartered Accountants in England and Wales

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Bahrain’s subsidies plan set for review

Bahrain’s government will present its blueprint for scrapping and redirecting subsidies to the National Assembly next week. Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa said parliament and Shura Council members woul

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Solar energy 'can beat subsidy cuts'

Bahraini farmers will have to operate on solar energy as the government plans to scrap subsidies on water and electricity, according to experts. The Gulf Daily News (GDN), our sister publication, earlier reported that the second p

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No deal seen on rich-world coal export subsidies

The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a UN conference in Paris, officials and campaigners say.

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Power subsidies reduction plan ‘can halt waste’

An announcement that Bahrain's government intends to cancel power and water subsidies has been welcomed by environmentalists, who expect it to foster a culture of conservation. Bahrain spends hundreds of millions of dinars eve

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Bahraini MPs may block budget over subsidy cuts plan

Bahraini MPs are threatening to block the national budget for this year and next if the government insists on its plans to reduce subsidies. The warning was issued yesterday (May 26) in a parliament statement that was unanimously

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Bahrain government plans more subsidy cuts

Electricity and water subsidies will be the next to be axed as part of the Bahrain government's cost-cutting measures, it has emerged. The Cabinet last week announced it was scrapping meat subsidies altogether from August 1, a

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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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