Breaking News

Asia Today ISSN 1861-4604 Thursday, October 18, 2018

Headline

Europe World

Bahrain budget gap doubles in 2013, spending rise lowest since 2009

The small oil exporter faces tough choices

Share on Facebook June 2, 2014, Reporter : Reuters/BNN, Reader : 618

news

By Martin Dokoupil - DUBAI, June 2 (Reuters) - Bahrain's state budget deficit nearly doubled to 410 million dinars ($1.1 billion) in 2013 but was only a fraction of the original projection as spending rose at its slowest rate since 2009, finance ministry data showed on Monday.

The small oil exporter faces tough choices between boosting state expenditure to sooth simmering political unrest and keeping its fragile public finances sustainable.

The 2013 budget shortfall widened to 3.3 percent of gross domestic product, the highest level since 2010, from 2.0 percent, or 226.6 million dinars, in 2012, Reuters calculations based on the official data showed.

However, the deficit was well below the ministry's original plan for a 1.1 billion dinar gap and the International Monetary Fund's latest forecast for a deficit of 4.4 percent of GDP.> more...

All News of Bahrain

More Euro Asia news of the month

Photos Bahrainis Continue Anti-Regime Rallies in Solidarity with Sheikh Qassim

TEHRAN (Tasnim) - Bahraini people from all walks of life, once again, poured into the streets in various cities to condemn the Al...

Photos US, Britain Directly Involved in Crackdown on Bahrainis: Opposition Figure

TEHRAN (Tasnim) - A senior official with Bahraini opposition group the Islamic Action Society slammed the US and British governments for...

Photos Bahraini Regime Forces Arrest 32 People in 24 Hours

TEHRAN (Tasnim) - Bahraini forces have reportedly arrested at least 32 people during separate raids on a number of houses across the...

Photos Bahraini king says only a matter of time before Arab states align with Israel

MANAMA, Bahrain - This week's designation by the GCC (Gulf Cooperation Council) of Hezbollah as a terrorist group is seen as part of...

Photos Bahrainis rally against Saudi airstrikes on Yemen

Dozens of protesters have staged separate demonstrations across Bahrain to express their resentment over the ongoing Saudi military...

Photos HM the King praises Britain’s role in maintaining regional security

Manama, Feb. 11. (BNA) - His Majesty King Hamad bin Isa Al Khalifa received at Al Sakhir Palace today Chief of the Naval staff of the...

Photos Bahrain clerci’s arrest impulsive, imprudent: Iran official

A senior Iranian official has hit out at the Manama regime for apprehending Bahraini opposition leader Sheikh Ali Salman, describing his...

Photos Clashes break out outside Bahrain opposition leader’s home

Clashes have broken out between police in Bahrain and anti-regime demonstrators protesting against the prolonged detention of the...

Photos Bahrain , Azerbaijan sign military co-op plan

Baku, Azerbaijan, Dec.26 By Ilkin Izzet – Trend: A military cooperation plan was signed during the visit of Azerbaijani Defense...

Most Popular
Last News
Previous
Next
Flying Reimagined

Sports

South raises North Korean flag despite laws prohibiting it

gallery thumbnail SEOUL, South Korea - Despite laws against it, the North Korean national flag was raised in the read more ..

Tochinoshin grabs sole lead as Kakuryu loses again

gallery thumbnail Tochinoshin snatched a one-match lead Thursday after yokozunaKakuryu suffered his second loss in read more ..

North Korea aims to charm as Olympics preparations begin Russia banned from Winter Olympics over doping allegations At Beirut Marathon, Lebanese Call for PM to Return Bundesliga announce Bibiana Steinhaus as first female referee Shakib consolidates top spot in ICC Rankings

Stock Index

Thursday, October 18, 2018

Life Style

Previous
Next

Photo Gallery

  • [Alternative text]
  • [Alternative text]
Previous line
Next line
Previous photo
Next photo
Previous
Next
Photos
Photos

FEUILLETON

Previous
Next

ASIA IS HOME TO 60 PERCENT OF THE WORLD'S POPULATION, BOASTING RAPID ECONOMIC GROWTH.
AsiaToday is more than just a network with the latest Asian and International developments. With programmes covering politics, business, sport, socio-culture, environment and travel coupled with constant investment in new technologies. AsiaToday continues to be the pre-eminent multi-platform provider of news content, upcoming events and press release.

Submit Press Release Submit Event

Editor-in Chief: Mir Monaz Haque - Sub Editor: Abritti Chawdhury - Seniour Editor: Dr. Golam Mohiuddin - Managing Editor: David Andersen - Special Editor India: Tathagata Sarkar
Published Online by: South Asia Forum e.V. Berlin (Reg. 95 AR 1329/01) c/o. Rashid - Weser Str. 83, D-12059 Berlin, Germany Educational News Portal