Bahrain: 99.5% of Oil and Gas Revenues go to Incomes

2017-06-20 - 3:58 am

Bahrain Mirror: The final account of Bahrain's 2016 fiscal year showed that the total incomes and salaries spending for government employees in the past years reached 1.429 billion BD, around 75.2% of the total revenues, which reach 1.898 billion BD that year.

The numbers suggested that the manpower expenditures took over 99.5% of the oil and natural gas revenues, which reached 1.436 billion BD, according to al-Ayyam local newspaper.

Moreover, the report stated that the Bahraini [locals] manpower expenditure in the government sector reached 1.009 billion BD last year, in an approximately 62 million BD decline from 2015, when it reached 1.071 billion BD.

As for the foreign labor expenditure in the government sector, increased from 133 million BD in 2015, to 202 billion BD last year, in a 69 million BD increase.

On the level of overtime work expenditures, the report showed the success of the government in reducing expenses in this regard by around 6.4 million BD, from 23.7 million BD in 2015, to 17.3 million BD last year.

Furthermore, the government paid last year 79.4 million BD for civil retirements, while it paid 57.7 million BD for military retirements.

The total of military rewards given to non-Bahraini military personnel reached 73.1 million BD, while the government provided 8.5 million BD for the insurance system.

The reward for employees buying out the 5-year virtual years towards retirement reached 3.8 million BD, the money spent on employee wardrobe was 6.1 million BD, the employee food was 15.5 million BD, part time expenses reached 3.7 million BD, and providing workers required 934 thousand BD.

Arabic Version

 


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