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1. Let us assume that you have been appointed to help the government of Bahrain design a new program to limit government expenditures. One of

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1. Let us assume that you have been appointed to help the government of Bahrain design a new program to limit government expenditures. One of your goals is to ensure that government expenditure will continue to support the well-being of the people of Bahrain. In other words, the program you will design will provide the government with better means to spend the money without imposing hardship on people. What are you going to propose to the government so that to make its expenditure more effective in promoting the welfare of the society? 2. Use the internet or the website of the Ministry of Finance/the Central bank of Bahrain and obtain data about the last financial budget published by the government of Bahrain. Can you use some of the information that we have been discussing so far in this course to identify some of the features of the government budget? (Hint: look at the revenue and expenditure sides of the budget statement and explain how expenditures are allocated among various sectors of the economy

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