Bahrain govt to cut operational expenses by 30% – ZAWYA

  • Date: 22-Apr-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Bahrain
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Bahrain govt to cut operational expenses by 30% – ZAWYA

Bahrain's Cabinet has decided to reduce the operational expenses budget for ministries and government by 30% unless public interests require otherwise.. The session was informed, through a memorandum submitted by the Minister of Finance and National Economy, on the amounts spent from the emergency funds allocated by the Cabinet for dealing with the challenges created by the Covid-19 pandemic so far.. HRH Premier requested the Ministry of Finance and National Economy to coordinate with the Ministry of Transportation and Telecommunications, and take the necessary procedures.. The Premier also requested the Ministerial Committee for Financial and Economic Affairs and Fiscal Balance to study the postponement of the collection of some citizens' dues to the government, and to submit a report on the move's financial impacts, in addition to the implementation mechanism, the BNA report said..