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DUBAI BUDGET 2013: Spending to increase by 6% while budget deficit to be cut by 18%

IMF estimates Dubai’s government-linked entities will need to repay about $9.4 billion of maturing bonds and syndicated loans in 2013, and $31.0 billion in 2014.

January 2, 2013 3:04
 
islamic finance380

Gulf $20 billion aid fund not yet capitalized-Bahrain

Bahrain expects allocation from Gulf fund soon; Budget deficit $83 mln in 2011, lowest in 3 years; Spending at $7.6 bln in 2011, seen at $9.8 bln in 2012; Oil prices well below budget break-even point

June 20, 2012 5:46
 
Jordan-hikes-gasoline

Jordan hikes gasoline, power prices to ease budget deficit

Jordan has raised the price of gasoline and electricity for major mining firms, hotels and banks, to ease its worsening budget deficit that could reach $4 billion this year, officials said on Saturday.

May 27, 2012 11:47
 
India protests against fuel price hike

India protests against fuel price hike

Heavy police deployment accompanied India’s opposition strike over fuel prices.

July 6, 2010 5:06
 

Oman reports $57 million budget deficit in 2009

The government had projected a budget deficit of $2.1 billion for the year.

February 28, 2010 4:25