VOL. XXXII

NO. 24

20-MARCH-1989

BAHRAIN

Bahrain's Oil Revenues Estimated at $1.3bn in 1988 and 1989

Bahrain's total oil income has been estimated at BD245mn and BD250mn for 1989and 1990 respectively - a total of BD495mn ($1,313mn) - according to thebiennial budget figures published in the Official Gazette. These revenuesrepresent 56% of the estimated income for the two years amounting to BD870mn($2,308mn) and 46% of the estimated expenditures of BD1,076mn ($2,854mn) or afall from 58% for the 1987...