NO. 45


Financial and Banking News

Budgets & Revenues

Bahrain Posts Balance of Payments Deficit for 1990

Bahrain recorded a balance of payments deficit in 1990 for the first time inthree years, according to provisional figures published in the latest AnnualReport of the Bahrain Monetary Agency (BMA). The reversal is attributable tothe effects of the Gulf crisis, and occurred despite a significant improvementin the country's trade balance. The deficit of BD118.7mn...