In common with other oil-producing Gulf states, Bahrain is facing a financial crunch with a forecast deficit of BHD1.2 billion (US$3.2 billion) this year, following a 5.4% slump in GDP last year.Bahrain expects growth of 5% in 2021 and is basing its budget on an oil price assumption of US$50/b,...
In common with other oil-producing Gulf states, Bahrain is facing a financial crunch with a forecast deficit of BHD1.2 billion (US$3.2 billion) this year, following a 5.4% slump in GDP last year.Bahrain expects growth of 5% in 2021 and is basing its budget on an oil price assumption of US$50/b,...