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Daily Tribune
08-04-2025
- Politics
- Daily Tribune
Bahrain a ‘model in promoting solidarity'
The Kingdom of Bahrain serves as a model in promoting the principles of the Bandung Declaration, promoting solidarity among nations. Jamal Mohammed Fakhro, First Deputy Chairman of the Shura Council and Deputy Head of the Parliamentary Delegation, made this statement during his address at the 4th Conference of the Parliamentary Network of the Non-Aligned Movement, held in Tashkent, Uzbekistan, to commemorate the 70th Anniversary of the Bandung Spirit. The conference, titled 'The Role of Parliaments in Promoting the Bandung Principles,' was held on the sidelines of the 150th General Assembly of the Inter-Parliamentary Union. The Bahraini delegation was also represented by His Excellency MP Abdulnabi Salman Ahmed, First Deputy Speaker of the Council of Representatives, His Excellency Dr. Bassam Ismail Al-Binmohammed, and His Excellency MP Dr. Mahdi Abdulaziz Al-Shuwaikh. During his speech, Fakhro highlighted Bahrain's steadfast commitment to strengthening both regional and international stability. Cooperation He noted that Bahrain believes cooperation between nations is essential for achieving sustainable development and justice, forming part of the Kingdom's strategic vision to build a more cohesive, united world based on peaceful coexistence. The lawmaker highlighted Bahrain's role in promoting peaceful coexistence globally, pointing out the United Nations General Assembly's recent approval of Bahrain's draft resolution to designate January 28 as the International Day of Peaceful Coexistence. This initiative, launched by the King Hamad Global Centre for Coexistence and Tolerance, reflects Bahrain's continued commitment to advancing noble human values on the international stage.
Daily Tribune
06-04-2025
- Politics
- Daily Tribune
Bahraini Parliamentary Delegation Participates in Joint Meeting with GRULAC on Sidelines of IPU Assembly in Tashkent
TDT | Manama A parliamentary delegation from the Kingdom of Bahrain took part in a joint meeting between the Gulf Cooperation Council (GCC) legislative councils and the Group of Latin American and Caribbean Countries (GRULAC), held today (Saturday) on the sidelines of the 150th Assembly of the Inter-Parliamentary Union (IPU), currently underway in Tashkent, Uzbekistan. The Bahraini delegation was represented by His Excellency Mr. Jamal Mohammed Fakhro, First Deputy Chairman of the Shura Council and Deputy Head of the Bahraini Parliamentary Delegation, and His Excellency MP Abdulnabi Salman Ahmed, First Deputy Speaker of the Council of Representatives. The meeting was chaired on the GCC side by His Excellency Dr. Ali Al Nuaimi, Member of the Federal National Council of the United Arab Emirates and representative of the Arab Group in the IPU. The session was attended by distinguished representatives of the GCC legislative councils. On the GRULAC side, the meeting was led by His Excellency Manzoor Nadir, Speaker of the Parliament of Guyana and Chair of GRULAC, with the participation of several parliamentarians from Latin America and the Caribbean, who expressed their warm welcome to the Gulf delegation and highlighted their interest in fostering dialogue and joint cooperation. The meeting focused on exploring avenues for mutual cooperation and strengthening parliamentary relations through the exchange of expertise and greater coordination in international parliamentary forums. Participants also discussed mechanisms for aligning and coordinating positions on the key issues listed on the agenda of the 150th IPU General Assembly and the 215th session of the Governing Council. GRULAC is one of the six geopolitical groups of the Inter-Parliamentary Union. It comprises parliaments from over 30 countries in South America, Central America, and the Caribbean, working to enhance collaboration and coordination among its members on matters of shared interest within the IPU framework.
Daily Tribune
24-03-2025
- Business
- Daily Tribune
What You Need to Know About Bahrain's 2025-2026 Budget
Ahmed bin Salman Al Musallam, Speaker of the Council of Representatives, attended a crucial meeting held by the Financial and Economic Affairs Committee, which presented a comprehensive overview of the draft state budget for the fiscal years 2025–2026. The session, aimed at briefing members of parliament (MPs) on discussions between the executive and legislative authorities, was also attended by Abdulnabi Salman Ahmed, First Deputy Speaker, and MP Ahmed Abdulwahed Qarata. MP Ahmed Sabah Al Salloom, Chairman of the Financial and Economic Affairs Committee, emphasized the importance of MP involvement in the discussions. He noted that the meeting followed the Speaker's directive to ensure all MPs were fully briefed on the ongoing budget discussions. He called for active participation in shaping a unified vision, addressing key issues, and submitting proposals before the budget is sent for government approval. Al Salloom expressed his appreciation for Speaker Al Musallam's efforts in backing parliamentary proposals and his dedication to national goals through the continued collaboration between both authorities. He praised the Speaker's commitment to advancing development under the leadership of His Majesty King Hamad bin Isa Al Khalifa and the guidance of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister. The committee chairman also provided an overview of the joint meetings with the executive authority, which began on October 31, 2024, and continued through March 2025. A total of six sessions were held, during which the budget's strategic objectives and key sectoral projects were thoroughly reviewed. These included housing, education, health, infrastructure, and environmental sustainability, among others. Key Principles of the 2025–2026 Budget: No Increase in VAT: The draft budget confirms no rise in value-added tax (VAT), ensuring stability for businesses and consumers alike. Pensioner Support: The budget proposes annual increases for pensioners by maintaining the 2023–2024 cost-of-living allowance and adding an increase for 2025–2026. Government Services Development: The budget allocates BHD 800 million for housing projects, marking the largest-ever investment in housing services. This includes collaboration with the private sector to expedite housing allocations and reduce waitlists. Education Sector Investment: Plans include employing more Bahraini professionals, updating curricula, expanding educational services, and supporting the construction of schools in new housing areas. Healthcare Enhancements: A BHD 688 million allocation for healthcare aims to improve services for both citizens and residents. Employment and Labour Initiatives: The budget outlines the creation of 25,000 new jobs annually, including initiatives to hire 8,000 fresh graduates each year. The Labour Fund (Tamkeen) will support 50,000 Bahrainis annually through funding and training programs. Spending Efficiency: The budget sets a target to reduce recurrent expenditures by at least 5%, focusing on increasing efficiency across ministries and government bodies. Direct Support for Low-Income Citizens: Provisions are included to provide direct cash support to low-income citizens if the prices of subsidized goods are adjusted during the budget period. Legislative Package for Fiscal Improvement: A new legislative package aims to bolster the fiscal status by generating additional revenue from companies with substantial annual profits. This includes increased revenues from taxes on energy drinks, soft drinks, sweetened beverages, and tobacco, as well as carbon emissions fees. Infrastructure Sustainability: Emphasis will be placed on enhancing infrastructure sustainability and exploring opportunities for the development of idle commercial and investment land. Deficit Reduction: The budget seeks to explore various options to reduce the fiscal deficit and ensure the adequacy of funding during the budget implementation period. In closing, Al Salloom extended his gratitude to all members of both authorities and the working teams for their continuous cooperation and dedication to serving the Kingdom and its citizens. This budget draft aims to drive sustainable development while balancing the needs of key sectors, ensuring Bahrain's economic growth continues in line with its national goals.
