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Bahrain MPs back debt ceiling

MANAMA, November 9, 2015

Bahrain’s government could soon be forced not to exceed 60 per cent of gross domestic product (GDP) when going for borrowing. Parliament’s financial and economic affairs committee has backed the Shura Council’s new law that puts a cap on the government’s ability to take loans, said a report in the Gulf Daily News (GDN), our sister publication.
 
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Tags: Bahrain | GDP | debt | borrowing | ceiling |

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