Draft state budget plan for the fiscal years 2023-2024 discussed

A joint meeting bringing together the executive and legislative branches was held today to discuss the draft law approving the state’s general budget for the fiscal years 2023-2024, attached to Decree No. (34) of 2023.

Council of Representatives Speaker Ahmed bin Salman Al Musallam and Shura Council Chairman Ali bin Saleh Al Saleh co-chaired the session with the Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa.

The government team stated a presentation detailing public revenues, in addition to the plans and programs that will be approved by the Ministry of Housing and Urban Planning to implement a number of projects included in the draft law.

The plan featured a number of housing projects in various governorates and a review of the finance services provided by the Ministry.

The session stressed the importance of sustaining the provision of housing services to citizens with the highest degree of efficiency, preserving the gains and continuing to support the various services programs in a way that contributes to achieving Bahraini families’ stability.

The legislative side gave a feedback on the draft law approving the state’s general budget for the fiscal years 2023-2024. The queries raised by the Financial and Economic Affairs Committees in the two councils about the draft general budget law were also clarified by the government team.

The two sides reiterated commitment to giving full priority to citizens above all other considerations, in development plans and programmes. They stressed the importance of harnessing all their joint efforts and working in a team spirit in order to come up with consensus to approve the draft general state budget for the two fiscal years 2023-2024 as soon as possible.

Source: Bahrain News Agency

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