Middle East Economic Survey

VOL. XLVIII

No 29

18-July-2005

Bahrain

Bahrain Announces 2005-06 Budget With Lower Deficit

The Bahrain budget for 2005-06, which was approved by the House of Representatives (elected parliament) on 5 July, was passed by the Consultative Council (Majlis al-Shura) on 13 July and is now ready for the final approval by Bahrain’s King Hamad bin 'Isa Al Khalifa. The two-year budget projects total expenditure of BD3,040mn ($8,064mn) – BD1,462mn...