Middle East Economic Survey
VOL. LII
No 26
29-Jun-2009
Bahrain
Bahrains Current Account Balance Contracting, Says CBB
Lower oil prices and the adverse effects of the global recession are expected to affect negatively the value of goods in Bahrains current account balance this year, forecasts the Central Bank of Bahrain (CBB) in its recently published Balance of Payments Report 2008. This current account balance will shrink further in 2009 after coming under pressure last year due to the global...
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