(MENAFN) The Cabinet of the Kingdom of Bahrain announced a spending budget of USD9.47 billion for this year, paying special heed to the fluctuating oil prices, Arabian Business reported.
Additionally, the gulf country has announced another spending budget of USD9.93 billion for next year, according to the country's official news agency.
Making the decision, the country put in mind an oil price of USD60 per barrel and predicting a budget deficit of USD3.92 billion dinars for 2015 and USD4.17 billion for 2016.
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