07.01.2011 - Bahrain outlines $14bln spending in 2011-2012
From Arabnews.com: Bahrain plans to spend 5.3 billion dinars ($14.1 billion) over the next two years and oil prices need to rise to $97-$100 per barrel to balance its budget, the Finance Ministry said on Thursday. Such a spending level would be greater than analystsí expectations and proportionately exceed the 2.19 billion dinar outlays initially foreseen for the 2010 budget...........................................Full Article: Source
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