Bahrain's Public Debt will Hit 131% Next Year
2020-11-09 - 6:59 ص
Bahrain Mirror: Bahrain's public debt will reach 131% of GDP next year, according to new figures published by "The Economist".
In its editorial on Thursday (November 5, 2021), the newspaper predicted that Bahrain's debt-to-GDP ratio will hit 131% next year, an increase of 34% from 2000 to 2016.
In a recent report, the Central Bank of Bahrain had predicted that government debt would reach 110% of GDP by the end of this year, and that it would decline to 105% in 2021.
Last September, Bahrain resorted to borrowing for the second time this year to fill the budget deficit or keep foreign reserves at acceptable rates.
اقرأ أيضا
- 2023-11-25S&P Revises Bahrain's Outlook to "Stable" on Fiscal Deficit Worries
- 2023-07-13Haj Sumoud Transferred from Dry Dock Prison to Al-Salmaniya Emergency Department after His Health Deteriorated
- 2023-06-22Bahraini Mumtalakat Buys Saudi McLaren's Stake
- 2023-05-18After Allocating $5 Billion Investment Fund, Is Bahrain Waiting New Saudi Support?
- 2022-09-21Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year