Monday 3 June 2013

Bahrain budget deficit widens to $601m in 2012, below plan - Alarabiya.net English | Front Page

"Bahrain’s budget deficit widened sevenfold in 2012 to 227 million dinars ($601m), but stayed well below an initial plan as the country reined in spending increases and revenue grew, data showed.
The 2012 deficit was much lower than the 1.33 billion dinars initially foreseen and is equivalent to 2 percent of gross domestic product, up from 0.3 percent in 2011, according to a Reuters calculation based on the official figures.
Government expenditure in the small non-OPEC oil exporter grew 14 percent to 3.26bn dinars, but that was below the 3.85bn planned, the finance ministry data showed."

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