Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

Bahrain

Bahrain Cabinet Unveils Record Budget For 2011-12

Bahrains two-year budget for 2011-12 was approved by the cabinet on 6 January, with total revenue for the period projected at BD4.44bn ($11.8bn at BD1=$2.66) comprising BD2.193bn for 2011 and BD2.247bn for 2012 and total expenditure forecast at BD5.253bn comprising BD2.565bn for 2011 and BD2.687bn for 2012. Consequently, the resulting deficits are estimated to be BD372.7mn for...