Manama: His Majesty King Hamad bin Isa Al Khalifa has ratified and issued Law (11) of 2025, which approves the state budget for the fiscal years 2025 and 2026. This action follows the approval of the budget by both the Shura Council and the Council of Representatives.
According to Bahrain News Agency, the ratification by His Majesty marks a significant step in the fiscal planning for Bahrain, outlining the government's financial priorities and allocations for the upcoming two years. The approval by the two legislative bodies, the Shura Council and the Council of Representatives, was a prerequisite for the ratification by the King.
The state budget is a critical document that will guide the government's spending and investment strategies, impacting various sectors and influencing economic policies. The approval process involved detailed discussions and assessments by the legislative bodies to ensure alignment with national priorities and economic goals.