VOL. XLIII

No. 46

13-November-2000

BAHRAIN

Bahrains 2001-2002 Budget Plan Projects Lower Deficit

Bahrains two-year budget plan for 2001 and 2002 projects a deficit of BD314mn ($833mn) a 1.9% drop from the figure for the preceding two-year plan. The new budget, ratified by the Bahraini cabinet at an ordinary meeting on 5 November, contains an 18.1% rise in revenues to BD1,344mn ($3,565mn) for the period. Higher revenues, however, are offset to some extent by a forecast rise in spending to...