The International Monetary Fund (IMF) has expected Bahrain’s economy to grow 2.2% in 2016, compared to the 3.2% increase projected last year.
Bahrain’s budget deficit is anticipated to reach 19.5% during 2016, while the current account deficit is seen to increase by 8%, according to the IMF.
Inflation is anticipated to grow 3.2% in Bahrain during 2016, in line with the increase in power prices. It is noteworthy that the inflation was expected to reach 1.8% in 2015.
