The real GDP growth in Bahrain is expected to have come down to 1.5 percent in 2011, as per IMF data, compared to a strong growth of 4.1 percent in 2010 as political unrest in the country slowed down economic activity. However, the economy is expected to recover strongly by 3.6 percent in real terms in 2012 as oil prices are expected to remain high and other sectors such as tourism and financial sector recover after a turbulent 2011, according to a report by Global Investment House (Global).
No comments:
Post a Comment