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FINANCIAL NEWS
Bahrain expects economic growth by 5% in 2013
24 May 2013
(MENAFN) Bahrain is expecting an economic growth of at least 5 percent during the current year, reported Arabian Business.
This expectation was due to the rebound in oil production and the growth in non-oil fields.
Last year’s GDP growth rate was 3.4 percent with non-oil fields expanding by 6.7 percent.
The tradable fields should be at the middle of sustained economic growth in the country such as manufacturing, according to Dr Jarmo Kotilaine, chief economist at the Bahrain EDB.
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