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FINANCIAL NEWS
Bahrain adds USD79.56m to anti-inflation allowance
30 Apr 2013
(MENAFN) Bahrain announced that it boosted its anti-inflation allowance by USD79.56 million, to USD276.92 million, reported Arabian Business citing Gulf Daily News.
The additional budget was introduced to help citizens tackle higher costs.
In February, the Kingdom’s inflation level was estimated at nearly 2.3 percent.
It is worth noting that the move, which was endorsed by Finance Minister Sheikh Ahmed bin Mohammed Al Khalifa, the Premier and the Crown Prince, comes due to a request by parliament chairman Dr Khalifa Al Dhahrani.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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