As troubled quarter draws to a close, the Government of Bahrain has announced the initiation of talks with representatives of various opposition groups in order to move the national reconciliation process forward and to ensure that meaningful democratic reforms are agreed and the process of change initiated, according to a MarketView by CB Richard Ellis.
The government’s budgets for 2011 and 2012 have also now been agreed and suggest a vigorous programme of investment intended to reinvigorate a difficult domestic economic climate, says the survey.
The study further states that in 2011, government income is forecast to be 2.29 billion Bahraini dinars with expenditure forecast at 3.12 billion dinars — a deficit of 836 million dinars.
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