What products and reforms would help to increase the liquidity and sophistication of the BHB?
What products and reforms would help to increase the liquidity and sophistication of the BHB?
Bahrain was the first country in the region to start developing universal education and today this continues to form a central tenet of government policy. The World Economic Forum currently ranks Bahrain 48th worldwide in terms of the quality of its education system, and the kingdom has a literacy rate of 91%. In June 2014 the Higher Education Council approved Bahrain’s first National Strategy...
Tourism’s total contribution to Bahrain’s GDP reached $3.26bn, or 10.2% in 2013, with this is expected to increase by 7.6% in 2014 and then by 5% each year until 2024. Continued investment in infrastructure will help drive future growth in the sector, with the $980m expansion of Bahrain International Airport due to increase capacity to 13.5m passengers per year. Meanwhile, plans to expand the...
The 2008-09 financial crisis threatened the stability of the global banking system, and central banks across the world were forced to take unprecedented measures to stabilise the situation and to provide a safe operating environment for the financial industry. Financial regulators still have to deal with many issues to ensure that the new regulations provide a foundation...
Buffeted by successive financial storms in the years since the collapse of Lehman Brothers, Bahrain’s financial sector is poised to take advantage of renewed optimism and confidence in key parts of the global economy. The overall shape and composition of the country’s banking sector has changed since 2008, but it has proved resilient overall and...
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