Tuesday 1 December 2015

Bahrain cbank sees positive growth in Q3

Manama, November 23, 2011

Bahrain's economic growth is expected to be positive in the third quarter as the economy has already overcome a major part of the impact stemming from social  unrest, its central bank governor said on Wednesday.

Asked about the impact of the unrest on the economic growth, Rasheed Al-Maraj told reporters: "A major part of that we are already (passed) as the figure shows for the second quarter a nd hopefully for the third quarter."    

"For the third quarter, from feedback we are getting, it will be positive growth," he said on the sidelines of a an Islamic finance conference in Bahrain's capital. - Reuters

Tags: Bahrain | unrest | Maraj | Economic Growth |

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