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After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with a return to growth, rising government revenue and a new plan for the kingdom’s future economy.
31 paź 2021 · DUBAI, Oct 31 (Reuters) - Bahrain on Sunday gave details of a new economic growth and fiscal balance plan that pushes a zero-deficit target back by two years to 2024 from 2022 and increases...
29 mar 2023 · With a multi-billion dollar economic revamp in full swing, tiny Bahrain is vying to keep pace with its Gulf neighbours after more than a decade beset by political unrest.
20 lut 2023 · Bahrain’s economy enjoyed a standout year in 2022. Higher oil prices and strong activity in key sectors, including tourism and construction, drove real gross domestic product (GDP) growth above 6%, according to Fitch Ratings, well above forecasts by the International Monetary Fund (see chart).
31 paź 2021 · Manama, Oct. 31 (BNA): The Government of the Kingdom of Bahrain today announced a new national economic growth and fiscal balance plan. The multi-year plan represents one of Bahrain’s largest economic reform programmes, with the aim of enhancing the economy’s long-term competitiveness and supporting the post-COVID 19 recovery.
12 lip 2023 · The kingdom’s economy, which expanded by 4.9 per cent in 2022, spurred by a 6.2 per cent surge in non-oil gross domestic product, is projected to moderate to 2.7 per cent in 2023, the IMF said in a statement at the conclusion of Article IV consultations with Bahrain.
Bahrain faced multiple crises in recent years due to a significant drop in hard currency reserves and high fiscal and external breakeven oil prices. The country’s public debt has increased sharply, reaching 121% of GDP in 2023, with fiscal deficits and external debt posing medium-term sustainability concerns.
