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What the Atiyatulah Brothers Stole is Double Amount Found in "Future Generation Fund"
2023-05-04
It seems that many haven't yet understood the amount of money which brothers Ahmed and Salman Atiyatullah Al Khalifa stole from state funds.
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Where Did Funds to Refurbish Helicopters Come from?
2023-04-08
The ruling family has not yet disclosed the real surpluses it has gained from the increase in oil prices, as well as the ways in which these surpluses have been disbursed, which have mostly gone to private pockets or budgets for refurbishing old helicopters.
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Final Account Rejected: Finance Ministry's Trick and Transfer of Hundreds of Millions to Private Accounts
2023-03-06
he Finance Committee of the House of Representatives in Bahrain recommended not to approve the final account of the state for the year 2021, which includes all amounts of actual expenditures and revenues for that fiscal year.
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Public Debt Crosses Borrowing Ceiling: Who's Responsible for this Financial Waste?
2022-12-22
The big question remains in the minds of citizens: Why does the government of Bahrain continue to issue sukuk and borrow despite the high oil prices and the large amount of liquidity generated from the oil trade?
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Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year
2022-09-21
Official government data revealed that the revenues of the Abu Sa'afa field in the general budget increased to more than BD 1.33 billion in 2021, compared to BD 730 million revenues it achieved in 2020, and a growth rate of about 82%, as a result of the increase in oil prices in the global markets.
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Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year
2022-09-21
Official government data revealed that the revenues of the Abu Sa'afa field in the general budget increased to more than BD 1.33 billion in 2021, compared to BD 730 million revenues it achieved in 2020, and a growth rate of about 82%, as a result of the increase in oil prices in the global markets.
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Financial Savings in Bahrain Only 33 Million: What a Lie!
2022-08-19
The Government could have remained silent and issued no statement on the financial savings made by the state treasury with the increase of oil prices, instead of declaring false figures.
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Will Bahrainis Pay McLaren's Bills before its IPO Again?
2022-07-17
Bahrain holds the largest stake in a British luxury sports car manufacturer. However, this company is facing significant financial difficulties as well as challenges in the automotive industry in general.
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Retirees' Increase in Pay not Funded by Country's Surplus
2022-06-18
The government's amendments to the retirement system made last April linked the annual increase of retirees' pay to the financial surplus.
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What Deficit is the Finance Minister Talking about while Oil Prices are at $116?
2022-06-08
Why is it that the Bahraini Finance Minister is talking about the state budget deficit while oil prices increased more than double the price set by the government?
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Corruption Increases as Oil Prices Hike: Billions of Surpluses Disappear under Al Khalifa Regin
2022-05-26
The fate of about 1 billion dinars ($2.6 billion) from last year's budget remains unknown so far. Only the ruling family can answer where this large sum went.
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Bahrain Gained Additional BD 600 Million Due to Oil Prices Hike Last Year... Where does this Money Go?
2022-03-18
Oil prices increased significantly last year, compared to what the government adopted in the state budget, which raises the same questions repeated annually about the fate of the amounts collected as a result of the price increase.
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Bahrain without 2021 Fiscal Balance, Deficit Reaches 3.4 Bln and Public Debt without Ceiling, Who Protects Citizens?
2021-03-27
Raising Bahrain's public debt ceiling to 15 billion dinars ($39.682 billion) puts further pressure on the country's public budget, while plans to pay off accumulated debts since Hamad bin Isa Al Khalifa took office in 1999 are absent.
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IMF Urges Bahrain to Implement Fiscal Reforms, Contain Rising Public Debt
2021-03-24
The International Monetary Fund (IMF) urged Bahrain to implement fiscal reforms and lower its public debt, which increased sharply last year as the coronavirus crisis hurt the small oil-producing Gulf state.
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Analysis of Bahrain Budget over 7-Year Period: There's a Secret and Public Budget (Study by Al-Wefaq)
2021-03-24
Al-Wefaq National Islamic Society launched an analytical piece on the Kingdom's public budget from 2016 to 2022.
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Bahrain: Parliament Approves 2021-2022 Budget with Deficit Reaching 1.2 Million BD
2021-03-03
The House of Representatives approved (Tuesday, March 2, 2021) the State Budget draft for 2021-2022
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Al-Wefaq: New Public Budget Reinforces Failure and Debts, and Further Burdens Citizens
2020-12-02
The Al-Wefaq National Islamic Society stressed that the draft state budget of 2021/2022, which was presented by the government on Sunday, November 29, 2020, reflects a reinforcement of the policy of failure in running the state and weakness in competence.
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Gulf Deficits Expected to Hit $490bln by 2023, Standard & Poor's Report
2020-07-21
Countries of the energy-rich Gulf are expected to accumulate $490 billion in deficits by 2023 due to the double hit of low oil prices and the coronavirus slowdown, Standard and Poors said in a report.
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Finance Ministry Announces Inaccurate Numbers Again, Deficit Larger in Reality
2020-02-19
Doubts have been raised about the data that the Finance Ministry released regarding the past year and claiming that financial balance has been reached. Did the Ministry present inaccurate information on the deficit after the announced false data on the public debt?
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Final Account 2018: 43% of State Budget Goes to Employees' Salaries
2019-10-19
The final account of the state for 2018, which was recently referred by the government to the House of Representatives, shows a decrease in government employees training expenses by 16% compared to the previous year.