Financial and Banking News

Budgets & Revenues

Bahrain's Finance Minister Announces Budget Targets For 1995-96

Bahrain is projecting budget deficits of $324mn and $302mn in 1995 and 1996,according to the Minister of Finance and National Economy, Mr. Ibrahim 'Abd al-Karim.The Minister outlined the island's revenue and expenditure forecasts in aninterview with Bahrain's official Gulf News Agency on 30 November. Oil revenuesin each of the two years 1995-96 are...