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Discussion postponed
06/04/2015
Shura Councils financial and economic committee has postponed the discussion on a decree, which amends an earlier decree on the issuance of development bonds, until it receives the general state budget for 2015-2016. The committee will take a final decision on the decree only after studying its impact on budget resources. We also need to determine whether there is a need for borrowing," committee chairman Khalid Al Maskati said. "There is nothing wrong with borrowing as long as it is justifiable, takes into account repayment capabilities and ensures Bahrain’s reputation will not be affected, he told our sister paper AkHBAR AL KHaleej.
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