central bank of bahrain projects 3 gdp growth
Wednesday 19 February 2025
Last Updated : GMT 06:49:16
Arab Today, arab today

Central Bank of Bahrain projects 3% GDP growth

Arab Today, arab today

Arab Today, arab today Central Bank of Bahrain projects 3% GDP growth

Bahrain - Arabstoday

Bahrain's gross domestic product is expected to grow by 3% in 2011, according a report from the Central Bank of Bahrain. In an interview with the Bahrain News Agency, CBB Governor Rasheed Al Maraj praised the projections and refuted rumours that international banks had left Bahrain during the recent unrest and forecasted further economic growth for the next year. "The (central) bank has issued eight licenses (for new financial institutions) since the beginning of the year and we deal with any request that meets the required conditions without delay," Maraj said. Bahrain's expected GDP growth, coupled with His Majesty King Hamad bin Isa al-Khalifa's announcement of a 44% increase in budgetary expenditures for fiscal year 2011 and 2012, demonstrates the breadth of efforts to maintain robust economic growth following the unrest in recent months. Al Maraj also expected interest rates to remain stable and announced an 11.5% increase in the CBB's gold and hard currency reserves to US$4.5 billion. This positive economic forecast follows recent economic initiatives taken following the lifting of the State of National Safety on June 1st.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

central bank of bahrain projects 3 gdp growth central bank of bahrain projects 3 gdp growth

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

central bank of bahrain projects 3 gdp growth central bank of bahrain projects 3 gdp growth

 



GMT 15:34 2017 Wednesday ,08 March

REDTAG offers stylish products for Mother’s Day

GMT 08:29 2017 Friday ,29 December

Some 109 houses damaged in strong earthquake

GMT 14:15 2017 Saturday ,14 October

HM King congratulates new UNESCO chief

GMT 04:26 2017 Thursday ,10 August

Saudi King meets Malaysian Premier

GMT 08:00 2017 Wednesday ,01 November

67 words that shaped Palestinian, Israeli lives

GMT 08:40 2017 Thursday ,24 August

Premier hails Bahraini-Thai relations

GMT 11:31 2017 Monday ,25 September

German campaign takeaways and challenges

GMT 14:49 2015 Thursday ,30 July

Kuwaiti authorities clamp down on militants

GMT 16:59 2017 Thursday ,29 June

WHO thanks crown prince for anti-cholera funding

GMT 20:58 2017 Saturday ,22 July

Trump affirms depth of US-Bahraini relations

GMT 13:26 2017 Thursday ,30 March

More whistle-blowers are talking to WADA
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday