Page 3 - Fiscal Balance Program News Today

Saudi Finance Minister Mohammed Al-Jadaan was recently appointed chairman of the General Authority of Awqaf. The authority, according to the Saudi government website, is concerned with “organizing, maintaining, and developing endowments in a manner that achieves the requirements of the waqf and enhances its role in economic and social development and social solidarity, in

Bahrain’s economic activity is set for a moderate rebound thanks to a renewed fiscal reform momentum driven by the recent doubling of the VAT rate to 10% and high oil prices, and over the medium-term, growth is set to stabilize at 3%, according to IMF.

Bahrain is experiencing a gradual post-Covid recovery, while the renewed fiscal reform momentum and high oil prices are mitigating Bahrain’s fiscal and external vulnerabilities, said an IMF mission at the end of a visit to Bahrain.

TDT | Manama The Daily Tribune – www.newsofbahrain.com His Royal Highness Prince...

TDT | Manama The Daily Tribune – www.newsofbahrain.com In line with the...

CAIRO: Saudi Arabia will announce its budget for the fiscal year 2022 in December amid different forecasts from international and local organizations with some predicting a surplus while others expecting a shrinking budget deficit. However, in its pre-budget statement, the Saudi Finance Ministry predicted the fiscal balance to reach deficits of SR85 billion ($22.7 billion) and

Moody’s affirms A1 ratings as fiscal deficits and debt burden set to narrow

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Bahrain has announced a new national economic growth and fiscal balance plan with the aim of enhancing the economy’s long-term competitiveness and supporting the post-COVID 19 recovery.