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New Draft Legislation to Increase Deduction in Support of Future Generations Reserve Fund

2021-03-01 - 7:33 p

Bahrain Mirror: The Government is planning to refer a draft legislation to the legislative branch to increase the deduction from oil sales in support of the Future Generations Reserve Fund.

Finance and National Economy Minister Salman bin Khalifa Al Khalifa said that the new legislation is one of the important tools that will contribute to covering the amounts withdrawn from the fund.

He announced that the draft legislation would be introduced within the next few months.

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