A surprising meeting yesterday brought together Bahrain's King Hamad bin Isa Al Khalifa and Fayez Al-Sarraj, the Prime Minister of Libyan Government of National Accord, backed by Qatar and Turkey, noting that Al Khalifa is backed by Saudi Arabia, the United Arab Emirates and Egypt.

Bahrain has spent $4 million on an international prize which no one knows anything about. This figure includes the total amount awarded by the "Isa Award for Service to Humanity" to 4 winners in four sessions since its launch.

Despite their high cost, it seemed like good news to find, while reviewing the final report of the state for 2018, there are still unnaturalized soldiers in the Bahrain Defence Force, in a country that has insanely naturalized tens of thousands of foreigners for political purposes.

In Bahrain, acts of corruption are referred to with soft terms such as "remarks". Following his meeting with the Government Executive Committee which reviewed the 2018-2019 NAO report, the Crown Prince Salman bin Hamad Al Khalifa said that 10 remarks mentioned in the report were referred to the public prosecution over criminal suspicions.

Has Bahrain lost control of its public debt? The sharp rise in government debt can't be attributed only to the fall in oil prices, but also to several other factors, most notably the political turmoil and failure of the government's economic policies.

Bahrain is making good progress on its fiscal consolidation plan and is on track to eliminate its deficit by 2022 as planned, Finance Minister Sheikh Salman bin Khalifa Al Khalifa said on Saturday.

The final account of the state for 2018, which was recently referred by the government to the House of Representatives, shows a decrease in government employees training expenses by 16% compared to the previous year.

Finance Ministers of the Gulf donor states met Bahrain's Finance Minister to review the Kingdom's achievements in implementing the Fiscal Balance Program, which was launched in October 2018.

The Al-Wefaq National Islamic Society issued a statement on the general budget for the fiscal years 2019-2020, which was submitted to the House of Representatives and the Shura Council and passed in one session.

The Civil Service Bureau said that the number of employees in the government sector will be only 40 thousand after finishing implementing the voluntary retirement program, Al-Ayam newspaper reported.

Moody's changed the outlook for Bahrain's banking system to stable from negative as economic growth accelerates and due to the support package from gulf neighbours.

Minister of Finance and National Economy Salman bin Khalifa Al Khalifa said that interests of public debt in 2019 budget reached BD 640 million.

In the poorest of the Gulf kingdoms, all added values (not just tax) are collected by the government to partially offset its accumulating deficit. It does not pay the citizens the value of what they endure, but rather gives them no value at all.

Bahrain said it received $2.3 billion last year and is expecting another $2.28 billion in 2019 under an agreement with its Gulf allies to bail it out of a deficit, the government said on Thursday.

Bahrain has scrapped a plan to reform its cumbersome subsidy system, officials said on Tuesday, as authorities worry it could trigger more unrest in the Gulf island and complicate government efforts to repair public finances.

The Civil Service Bureau in Bahrain said that it will announce the employment competition to fill the position of "teacher" in the Ministry of Education after identifying the jobs that need to be announced in the local and foreign media.

Kuwait signed an agreement to support Bahrain's economy as part of a series of fiscal reforms Bahrain has embarked on last year, Kuwait's finance ministry said on Tuesday, formalizing a previously agreed package.

Public debt fixed at BD 11.45 billion in January 2019, backed by the effects of the fiscal balance program funded by Gulf countries, the Central Bank of Bahrain said on Monday.

German Roland Berger company has begun its work on the restructuring of the Ministry of Education, while specialists are questioning the company's ability to restructure the ministry and cover thousands of voluntary retired teachers and specialists.

Head of the Civil Service Bureau Ahmed Al-Zayed said that the revenues of Unemployment Fund reaches 82 million annually, meanwhile, the unemployment benefit is 8 million dinars, noting that the surplus is 74 million.