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Bahrain puts allowance hikes on fast track

Manama, June 17, 2013

Pension rises and anti-inflation allowances declared in Bahrain will be fast-tracked once the budget law has been passed, according to directives issued by HRH Prime Minister Prince Khalifa bin Salman Al Khalifa.

The Premier gave the directions to the ministries of Finance and Social Development as well as the Social Insurance Organisation as he chaired the weekly Cabinet meeting at Gudaibiya Palace, according to a report in the Gulf Daily News, our sister publication.

The payouts will backdated to last January, the report said. – TradeArabia News Service




Tags: Bahrain | Budget | Prime Minister | Allowances | Pension |

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