Bahrain appoints cabinet with new finance minister 


70
18 shares, 70 points

DUBAI- Bahrain king with no other changes to key portfolios, reappointed Sheikh Khalifa bin Salman Al Khalifa as prime minister who then formed a cabinet with a new finance minister on Tuesday.

As required by law after parliamentary elections in the Gulf Arab state the cabinet had tendered its resignation to King Hamad bin Isa Al Khalifa on Sunday.

According to a statement carried by the state Bahrain News Agency, Sheikh Salman bin Khalifa Al Khalifa replaced Sheikh Ahmed bin Mohammed Al Khalifa as finance minister.

In 1971, since the Sunni Muslim-led island kingdom declared independence from Britain, Sheikh Khalifa, 83, has served as the prime minister of Bahrain, home to the U.S. Navy’s Fifth Fleet.

Sheikh Khalid bin Ahmed Al Khalifa retained his post as foreign minister and Sheikh Mohammed bin Khalifa Al Khalifa as oil minister.

In October, Bahrain, which does not possess vast oil wealth like other Gulf states, signed a deal with Saudi Arabia, the United Arab Emirates and Kuwait for a $10 billion aid package tied to fiscal reforms that has averted the risk of a credit crunch.

Since 2004, Bahrain’s finances have been hit by an oil price slump. The new parliament is expected to pass austerity measures needed to secure the aid package.


Like it? Share with your friends!

70
18 shares, 70 points

What's Your Reaction?

hate hate
13
hate
confused confused
8
confused
fail fail
4
fail
fun fun
2
fun
geeky geeky
1
geeky
love love
10
love
lol lol
12
lol
omg omg
8
omg
win win
4
win
ENBIG14ME

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format