Bahrain will maintain its VAT at 10% while raising “sin taxes” on items like energy drinks, sugary beverages, and tobacco, alongside introducing carbon emission fees for companies. This decision emerged from a key meeting between government officials, led by Finance Minister Shaikh Salman bin Khalifa Al Khalifa, and legislators, including National Assembly Speaker Ahmed Al Musallam and Shura Council chairman Ali Al Saleh. The agreement sets the stage for the 2025-2026 national budget, with further details to be published in tomorrow’s GDN.
Source: facebook.com
