MANAMA: Bahrain’s sovereign wealth fund will for the first time contribute to the national budget since its inception in 2006, revealed a Cabinet minister on Tuesday.
Transportation and Telecommunication Minister Kamal Ahmed told MPs during their weekly session that based on directives from His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Premier, Bahrain Mumtalakat Holding Company will be pumping a fraction of its profits in the 2017-2018 budget .