NO. 43


Financial and Banking News

Budgets & Revenues

Bahrain's Balance of Trade Shows Big Deficit in First Quarter

Bahrain's trade account plunged into the red during the first quarter of1992, recording a deficit of BD147.3mn ($390mn). Particularly worrying is thesharp fall in non-oil exports, which fell to their lowest quarterly level forover two years, despite the current efforts of the Bahraini Government todiversify the island's economic base. Nevertheless, a huge...