Bahrain's economy seen growing 4% in 2015

July 18, 2015 1:02 PM

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Mubasher: Bahrain's economy is expected to grow by at least 4%, thanks to the growth of some non-oil sectors, said CEO of Al Baraka Banking Group.

Adnan Yousif highlighted the pivotal role played by strategic and vital projects in the kingdom’s economic growth, including infrastructure, energy and basic services projects implemented during this year, and funded by the $ 10 billion and the $ 22 billion government’s spending programme for the next five years.

He expressed continuous confidence in the strong fundamentals and pillars on which the Bahraini economy is based, Bahrain's news agency reported.

Such pillars have entitled the national economy flexible and capable of coping with and withstanding the fluctuations in oil markets.

Yousif said Bahrain is home to an elite of national experts who have proven outstanding efficiency through experience and achievement as proved in the positions that are currently holding at Arab and international levels.


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