Bahrain Trims Budget Deficit
Bahrain trimmed its budget deficit by USD168m last year, Mid-East Financial Information (AME Info) reported Wednesday.
According to the central bank report published Tuesday, some 55 percent of state revenue comes from oil, and a further 10 percent from aluminum exports, said AME adding that the GDP rose by four percent in 1999 in real terms.
Bahrain’s GDP in 1999 was $6.800m, with an inflation rate is 0.5 percent -- Alabawaba.com
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