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Obama budget cuts deficit $1.1 trillion over decadeNear-term US deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office (CBO) this week but $1.1 trillion lower than what it estimates over the coming decade. More… |
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Bahrain MPs veto national budgetBahrain's MPs have vetoed the national budget in a vote that could see up to 350,000 Bahrainis miss out on increased financial benefits, a report said. The MPs refused to approve the budget More… |
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Bahrain needs to cut public debt urgently: IMFBahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly More… |
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Bahrain needs to cut public debt urgently: IMFBahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly More… |
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Bahrain MPs seek more time for budget reportBahrain parliament’s financial and economic committee will seek a two-week extension of the period set for submission of a report on the 2013-2014 state budget bill. A request in this regard will be submitted to the parliame More… |
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Bahrain ministry seeks $157m budgetThe Municipalities and Urban Planning Affairs Ministry has submitted an annual budget request of BD60 million ($156.9 million) to be approved by the Finance Ministry, said a senior government official. The budget has been brought under More… |
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Foreign healthcare boost for BahrainisThe budget allocated for treating Bahrainis abroad has soared to BD14.5 million ($38.1 million), from BD4.5 million in 2007, a report said. Rising costs have prompted the government to explore a new approach to medical care out of More… |
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Bahrain ups anti-inflation allowanceBahrain has announced a substantial increase in the kingdom’s anti-inflation allowance, according to a report. Parliament agreed to pass the law on the 2013-2014 budget when it convenes for its upcoming session on May 7, sai More… |
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Bahrain’s budget talks put offDiscussions about Bahrain's national budget have been postponed for a week to prevent it from being blocked by the members of the parliament, a report said. Parliament's financial and economic affairs committee chairwoman More… |
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Obama budget to start deficit-reduction talksPresident Barack Obama proposed a $3.77 trillion budget on Wednesday that combines controversial cuts to social safety net programmes with tax increases on the wealthy in a package the White House hopes will jumpstart deficit-reduction talks. More… |
