Budget plan for fiscal years 2023-2024 discussed

Manama, May 10 (BNA): A meeting was held between the executive and legislative authorities today to discuss a draft law approving the state’s general budget for the fiscal years 2023-2024 attached to Decree No. (34) of 2023. .

The session was chaired by Parliament Speaker Ahmed bin Salman Al-Musallam and Shura Council Speaker Ali bin Salah Al-Saleh with Minister of Finance and National Economy Sheikh Salman bin Khalifa Al Khalifa.

The government team headed by the Minister of Finance and National Economy made a presentation. The legislative side also outlined its observations on the draft state budget law for the fiscal years 2023-2024.

The two sides pledged to give full priority to citizens when formulating initiatives and strategies and planning projects and programmes

They also discussed a number of service projects included in the draft state budget law for the fiscal years 2023-2024 in the sectors of health, works and municipalities.

They affirmed the commitment to reach a consensus on the state’s general budget, which will have a positive impact on the various paths of development in Bahrain and stimulate growth.

The foundations of the draft law approving the state’s general budget 2023-2024 were highlighted, the most important of which are financial stability and sustainable economic growth, creating promising opportunities for citizens, adhering to the fiscal balance program, in addition to continuing to improve the efficiency of financial management. Government service and performance development.

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