Bahrain Trims Budget Deficit

Published November 15th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

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 

 

 

© 2000 Al Bawaba (www.albawaba.com)

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