Bahrain adds $470m in expenditures to 2020 budget for coronavirus impact

Bahrain will add 177 million dinars ($470 million) to its 2020 state budget in emergency expenditures arising from fighting the new coronavirus pandemic. (Shutterstock)
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Updated 13 July 2020

Bahrain adds $470m in expenditures to 2020 budget for coronavirus impact

  • Royal decrees also announced a temporary halt to the allocation of oil revenues to the FGF until the end of 2020

MANAMA: Bahrain will add 177 million dinars ($470 million) to its 2020 state budget in emergency expenditures arising from fighting the new coronavirus pandemic, state news agency BNA said on Monday, citing a royal decree.

To this end, $450 million will be taken as a one-time deduction from the Future Generations Fund (FGF), a fund set up in 2006 to reinvest hydrocarbon revenues, and allocated to this year's state budget, another new decree said.

The decrees also announced a temporary halt to the allocation of oil revenues to the FGF until the end of 2020.

Bahrain has reported just under 33,000 cases of COVID-19 and 108 deaths.


Czech Republic to resume flights to Egypt

Updated 1 min 37 sec ago

Czech Republic to resume flights to Egypt

CAIRO: The Czech Republic will resume tourist flights to Egypt from Oct. 1.
Jan Fulik, the Czech ambassador to Egypt, confirmed the move during a meeting with Egyptian Tourism Minister Khaled Al-Anani.
Al-Anani is visiting Sharm el-Sheikh with aviation and environment ministers, along with 30 foreign envoys, to celebrate World Tourism Day.
Fulik said this decision to resume tourist flights follows Al-Anani’s visit to the Czech capital Prague last August for discussions with government officials on boosting tourism in Egypt.
Flights will operate from Prague to the cities of Sharm El-Sheikh, Hurghada and Marsa Alam, and reservations for trips have begun on online booking sites.
Al-Anani said he appreciated the efforts of Said Hindam, the Egyptian ambassador to Prague, to improve links between the two countries, and offered an assurance that Egypt would take precautionary measures in tourist governorates to protect visitors.
Several countries have relaunched tourist visits to Egypt after a halt due to the coronavirus.
France will resume trips to Egyptian coastal cities from October.
Germany is considering resuming flights, with one official saying Egypt has “special priority” because of the country’s popularity with German tourists.