Sunday 31 May 2015
 
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Budget

Spending rethink 'vital for subsidy cuts plan'

Bahrain’s government has been asked to justify its planned public spending in the budget for 2015 and 2016, as parliament and the Shura Council seek alternatives to subsidy cuts. Both chambers of the National Assembly yester

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Bahraini MPs may block budget over subsidy cuts plan

Bahraini MPs are threatening to block the national budget for this year and next if the government insists on its plans to reduce subsidies. The warning was issued yesterday (May 26) in a parliament statement that was unanimously

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Branding on a budget

How does a lone entrepreneur create a brand image and message and keeping costs low? While this really depends on how lean your start-up will be, there are a number of tools which one can pick and mix to launch a brand, a report said.

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Bahrain approves $9.47bn budget for 2015

The Bahrain cabinet has approved spending of BD3.571 billion ($9.47 billion) in its budget for 2015, and spending of BD3.721 billion for 2016, the official news agency reported. The budget assumed an oil price of $60 a barrel, for

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Budget talks 'may be held this week' in Bahrain

A meeting on the budget for 2015 and 2016, which has yet to be announced, could potentially take place this week in Bahrain. Information Affairs Minister and official government spokesman Isa Al Hammadi told a press conference aft

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Bahrain F1 line-up ‘not hit by budget cuts’

Spending for this year's Bahrain Grand Prix has been scaled back by almost 30 per cent, it has been revealed. Costs are down year-on-year because of last year's 10th anniversary extravaganza, Bahrain International Circuit

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Baghdad makes $455m budget payment to Kurds

Iraq's Kurdistan region received a $455 million budget payment from Baghdad for March, proof the national government honours a deal over the Kurds' oil policies, the country's finance minister said on Thursday.

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India cbank surprises with early post-budget rate cut

India's central bank lowered its policy repo rate by 25 basis points to 7.5 per cent on Wednesday, its second inter-meeting cut this year on the back of easing inflation and what it said was the "weak state" of parts of the economy

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Oil price fall cuts Kuwait budget surplus by 26pc

Kuwait's government budget surplus shrank 26 per cent in the first nine months of this fiscal year as lower oil prices cut revenue sharply, analysts at National Bank of Kuwait (NBK) calculated, using Ministry of Finance data.

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Subsidy cuts in India's budget ‘may disappoint investors’

India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi

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