Bahrain Mirror: The Bahraini government approved the “final” sums of financial compensation that it said will grant to citizens after lifting subsidies on meat: 5 BD monthly for the breadwinner, 3.5 BD for the rest of the family members who are older than 15 years and 2.5 BD for those who are younger than 15 years.

Bahrain Mirror: A report entitled “Horizons of the Arab Economy” issued by Arab Monetary Fund (AMF) said that the Bahraini economy is expected to become affected in 2015 and 2016 by the fluctuations of global fuel prices.

Bahrain Mirror: The Bahrain News Agency (BNA) said that the King of Bahrain Hamad bin Isa Al Khalifa issued directives to form smaller cabinet to “solve financial problems” after meeting with his son, Crown Prince Salman bin Hamad.

Bahrain Mirror: The World Resources Institute puts Bahrain on top of the water-stressed countries list.

Bahrain Mirror: Member of a joint Parliamentary committee said the government told the MPs that it is determined to begin with the meat subsidies lift, while discussing lifting subsidies on electricity, water and gasoline is to take place gradually.

Bahrain Mirror: The Bahraini Member of Parliament Ahmed Al-Qarata said: “The government will present a new decree-law to the parliament to raise the public debt ceiling in order to open the door for more borrowing following the drop in oil prices.”

Bahrain Mirror: Chairman of Bahrain’s Shura Committee on Finance and Economic Affairs Khalid Al-Maskati said that the decrease in oil prices to less than 60 dollars exposes the general budget to challenges.

The Bahraini Member of Parliament Ahmed Qarata said that the government is leaning towards reducing the number of high-cost allowance beneficiaries in 2016.

Bahrain Mirror: The Bahraini Parliament sent an official address to the Prime Minister Khalifa bin Salman on Wednesday (August 26, 2015), calling for delaying the lift of subsidies on meat an additional month.

Bahrain Mirror: Member of Bahraini Parliament, Ahmed Qarata, said the government proposed lifting subsidies on 22 commodities and services.

Bahrain Mirror: Head of the minor committee assigned to review the redirection of subsidies and development of government revenues in the Bahraini Parliament said that the committee discussed postponing the lift of subsidies until October 2015.

Bahrain Mirror: Al-Ayam newspaper said there is a Bahraini governmental inclination to lift the subsidies on electricity starting from January 2016.

Bahrain Mirror: The Bahraini Al-Wasat newspaper said that the date for lifting the subsidies will be determined next week.

Bahrain Mirror: The Al-Wasat newspaper stated that “there are semi-confirmed information saying that the Bahraini government will delay implementing the decision to lift subsidies on meat until January 2016.

Bahrain Mirror: The Bahraini Minister of Information Affairs, Isa Abdulrahman Al-Hammadi, announced that “the government will remove subsidies on meat starting from September 1

Bahrain Mirror: Al-Watan newspaper reported that the government delegation of petroleum products proposed that the minor committee compensates every Bahraini family with 25 BD each month after lifting the subsidies on gasoline.

The Bahraini Akhbar Al-Khaleej newspaper reported that restaurant prices in Bahrain began to rise even before implementing the decision to lift subsidies on meat products.

The chairman of a Parliamentary committee for reviewing the policy of subsidies, Sheikh Majed Al-Majed, said that the Bahraini Minister of Energy, AbdulHussain Mirza, proposed that the committee adopts a government approach to allocate 8000 power units to each house owner.

Bahrain Mirror: The international rating agency, Moody's Investors Service, has changed the outlook for Bahrain's banking system to negative from stable.

Bahrain Mirror: Up to 30 percent of Bahrain government employees face losing their jobs under a parliament-wide restructuring in response to stringent budget cuts.