A mixture of spending cuts, revenue-raising measures and financial support from regional neighbours will form the core of Bahrain’s newly unveiled programme designed to reduce its deficit and return to surplus by 2022.
Bahrain Economy
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Articles & Analysis | Bahrain in brief: from The Report: Bahrain 2019
The kingdom is among the smaller economies in the GCC, but is also one of the most diversified, with particularly well-developed financial services and manufacturing sectors. Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-...
Articles & Analysis | Globalisation set to continue over the medium term from The Report: Bahrain 2019
Decades of growth in trade and foreign investment have made the economies of the world more interdependent than ever before. This trend has been reinforced by the steady liberalisation of international trade and investment at the bilateral, plurilateral and multilateral levels. National economic specialisations, and regional economic and...
Interviews & Viewpoints | Mahmood Alkooheji, CEO, Mumtalakat: Interview from The Report: Bahrain 2019
With the division of Bahrain Telecommunication Company (Batelco) what new business opportunities will become available?
Articles & Analysis | How trend of lower corporate tax rate impacts economies worldwide from The Report: Bahrain 2019
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
Interviews & Viewpoints | Sameer Nass, Chairman, Bahrain Chamber of Commerce and Industry (BCCI): Interview from The Report: Bahrain 2019
In what ways has the growth of public-private partnerships (PPPs) restructured Bahrain’s economy?