Tag: reforms

Energy, Oil & Gas

Bahrain unveils special reform package to bolster public finances

Bahrain has launched the largest financial and tax reform package in its history to address a soaring $50 billion public debt, said media reports. The key fiscal reforms plan includes raising fuel and natural gas prices and bringing changes to corporate income tax and spending cuts. ...

Energy, Oil & Gas

Reforms cushion Mena ratings amid conflicts, oil price dip

Economic reforms and sound fiscal positions are offsetting the impact of regional conflicts and lower oil prices on the ratings of Middle East and North Africa (Mena) sovereigns, according to a new report by Fitch Ratings. ...