Bahrain: 3 Billion BD Surplus in 2022 Budget, for Ruling Family Pockets or Public Interest?
The International Monetary Fund (IMF) expects Bahrain's oil revenues to rise by 39% with the increase of oil prices, giving Bahrain wider options to deal with its financial crisis and public debt
IMF Urges Bahrain to Implement Fiscal Reforms, Contain Rising Public Debt
The International Monetary Fund (IMF) urged Bahrain to implement fiscal reforms and lower its public debt, which increased sharply last year as the coronavirus crisis hurt the small oil-producing Gulf state.
Bahrain Deficit to Reach 8% of GDP, Gulf States Budgets Deficit Touches 267 Billion
A recent report by "Arqaam Capital" predicted that the economies of the Gulf States will suffer a significant deficit for 2020 fiscal year, amid major pressures resulting from the sharp fall in oil prices and consequences of the Coronavirus outbreak.