Bahrain’s economic growth in real GDP is expected to slow this year to two per cent from 4.5 per cent last year amid a weak oil price environment, a report said. The latest Economic Update from the National Bank of Kuwait (NBK) says the oil sector growth is poised to fall on lower oil prices, while non-oil GDP is expected to slow, but only modestly, during the same period thanks to strong fiscal spending and GCC funds targeted at housing and infrastructure developments, reported the Gulf Daily News (GDN), our sister publication.

 

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