Non-oil revenue rises 4 percent
The article discusses the State's Final Account report for Bahrain in 2024, which shows a 4% increase in non-oil revenues and a growth in the implementation of government projects, reaching 97.3%. However, total revenues declined by 5%, and the fiscal deficit increased by 33% to reach 1.026 billion dinars. Oil and gas revenues decreased by 11%, and public debt rose by 8.1% to 19.3 billion dinars. Financial overruns and shortages in the budget have been observed, highlighting the need to activate measures to control financial performance and expenditures.
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