BUDGETS AND REVENUES
Bahrain Announces 2003-04 Budget With A Deficit Of $1.975Bn
The Bahraini Minister of Finance and National Economy, 'Abd Allah Saif, has announced details of the 2003-04 budget, following its ratification by both the Consultative Council (Shura) and parliament. The two-year budget projects total expenditure at BD2,347.7mn ($6,227.3mn), total revenue at BD1,603mn ($4,252.0mn) and a resulting deficit of BD744.7bn ($1,975.3mn). These budget...