10 Jan 2016
(MENAFN) The temporary public finance numbers for the Jan-Aug period of fiscal year 2015/16 emphasize a decline in government spending, as the price of oil fell to a seven-year low.
Additionally, the government logged an initial deficit of USD 6.24bn over the period before the change to the Reserve Fund for Future Generations (RFFG).
Whereas in Nov, the government spending reached USD 21.67bnn fiscal-year-to-date; this number was 22 percent lower than during the same period last year.
Actual spending was higher at USD 36.7bn, as stated to new data by the Ministry of Finance, also the government has payments due of USD 3.74bn.
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more