The ministry of community development also announces rolling out of the new social welfare programme from September 2022
government subsidies
Latest in government subsidies
government subsidies
Oman to start removing utility subsidies from January 2021
Subsidies for the electricity and water sector are about $1.95 billion, according to the 2020 budget
Bahrain Economic Development Board
Lower oil prices ‘blessing in disguise’ says Bahrain EDB chief
Bahrain Economic Development Board chief executive Khalid Al Rumaihi said that lower oil prices have ‘forced’ reforms to subsidies that should have taken place long ago
Austerity
Bahrain defers plan for new austerity measures
Plans on hold until parliament agrees on a new system to compensate citizens for a higher cost of living
fuel subsidies cut
Bahrain increases price of petrol following subsidies removal
Price of petrol has gone up between 12% and 25% as the government seeks to cut down on spending