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FinancialNews


  • 11-01-18

    Bahrain removes subsidies on petrol

    (MENAFN) Bahraini officials declared several subsidies on petrol in the country to have been removed.

    Depending on the petrol's grade, expenses have increased 12-25%, according to Bahrain's National Oil and Gas Authority's recent petrol prices.

    The lift has emerged in an attempt to lessen government expenditures after the drop oil prices have seen in 2014.

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