Manama: A multimillion dinar package has been approved to finance the Voluntary Retirement Programme.
A total of BD230 million will be transferred from a surplus in the Insurance against Unemployment fund to state general accounts.
The operation, approved by the General Organisation for Social Insurance, will be carried out only once.
The move was announced as His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly Cabinet meeting.
Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa updated the session about the planned transfer.
Bahrain’s government-run public hospitals could soon have a board of trustees.
The session approved a draft decree establishing the panel, based on recommendations of the ministerial committee for legal and legislative affairs.
Under the decree, a second board of trustees will be set up for primary healthcare centres.
The revised electricity and water consumption tariffs have paid off, according to a recent study.
The adjusted tariffs contributed to slashed electricity and water consumption by 25 per cent and 27pc respectively.
The country-wide assessment revealed that the new tariffs did not hit the real estate sector.
The Premier stressed the importance of the emergency GCC and Arab summits, which will be held this week in Saudi Arabia, following a call by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.
He urged a strong and unified GCC and Arab stance in support for Saudi Arabia’s security in light of the critical situation in the region.
The session reiterated Bahrain’s unwavering support and solidarity with Saudi Arabia.
The session also strongly condemned Houthi missile attacks targeting Mecca.
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