The kingdom’s public finances have been under strain from the twin shock of the coronavirus pandemic and lower oil prices
bahrain fiscal reforms
Latest in bahrain fiscal reforms
Bahrain economy
Bahrain to fall short of economic reform goals in 2019, 2020
A final version of Bahrain’s budget shows that non-oil revenues and government expenditures will fall below previous forecasts
Bahrain economy
Bahraini MPs banned from flying first class, as overseas travel budget is cut 30%
Parliament officials ordered to limit usage to business class tickets.
Bahrain economy
Kuwait pens agreement to support Bahrain’s fiscal reforms
The agreement formalises Kuwait’s part in a $10 billion financial aid package announced by Kuwait, the UAE and Saudi Arabia last year
Bahrain Economic Development Board
Video: Will economic activity in Bahrain remain subdued this year?
Economic activity in Bahrain was subdued in 2018 and is expected to remain at about 1.8 percent this year, according to the International Monetary Fund (IMF).
Bahrain
Bahrain unveils fiscal overhaul as Gulf allies agree $10bn deal
Bahrain announces reform programme including cutting public expenditure and government waste, voluntary retirements for government workers and ‘redirecting’ state subsidies
Bahrain credit risk
Bahrain credit risk falls to five-month low on $10bn aid package
Bahrain has been slow to implement fiscal reforms to cope with oil prices that are well below what the nation needs to balance its budget