22 Hrs
Source:
البلاد
Bahrain revises public finance overview
The article discusses the financial and administrative reforms being implemented by Bahrain to improve its public budget during 2026 and 2027. These reforms focus on diversifying revenue sources and achieving fiscal sustainability. The measures include the introduction of new taxes on companies with profits exceeding one million dinars, levying fees on undeveloped land, and developing a government land investment platform to increase returns. Additionally, the article emphasizes enhancing the management of support targeted at eligible groups, reducing reliance on broad subsidies, and directing efforts towards digitalization. It also highlights linking spending to performance results to develop a more sustainable financial model that supports economic growth and eases the burden on the private sector.
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