Bahrain: Balanced budget inches closer as energy sector rebranded

Risk Management Reports
Issue 1171 - 19 Jun 2023 | 3 minute read

Risk Grade C↓3↓

Budget balance: The government said it is aiming for a budget deficit of less than 1% of gross domestic product in 2024, which will bring it close to the target set out in the amended Fiscal Balance Programme of balancing its books that year. The government originally hoped to break even by 2022, but delayed that by two years during the Covid pandemic.

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