Economic situation in Bahrain reveals the significant failure of the government

The Society Services Unit in Al Wefaq said in a statement it issued marking International Day for the Eradication of Poverty that the hidden numbers indicate that a large segment of Bahraini citizens live below national poverty line.

The middle-class is diminishing in Bahraini society while the lower-class is growing, this reality implies that major mistakes have been committed due to the monopolization of national wealth for a group of people on the expense of others. This was all veiled by the absence of accountability in the issues of corruption that have been documented in the consecutive reports of the National Audit Office.

Reform of the nation can only be reached through radical political reform that is able to achieve an advanced economic vision to escape the crisis. Redistribution and political participation are necessary means to put an end to the misuse of public funds by a small group of people.

Instead of implementing policies that lift the burden off from the citizens who are bearing an economic situation that can be fairly described unsatisfactory, the Government is laying the weight of its irresponsible mistakes on the citizens by lifting meat subsidies as public debt and deficit increase. This decision received wide resentment among citizens, however, the Government is talking about lifting subsidies on fuel. A decision that will lead to uncalculated consequences.

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