Bahrain non-oil sector grows 3.3pc in Q4
MANAMA, 11 hours, 0 minutes ago
By Abdulaziz Khattak Bahrain’s non-oil real GDP grew 3.3 per cent quarter over quarter in Q4 2020, indicating the recovery of the non-oil sector aided by the financial and economic package. At the same time, the oil sector shrunk 13 per cent, mainly affected by a 15.4 per cent decrease in oil production from the Abu Safah compared to Q3 2020 due to planned maintenance work, according to figures released by the Ministry of Finance and National Economy. Overall, Bahrain’s GDP grew by 0.2 per cent in 2020. However, it decreased by 5.8 per cent in real terms compared to 2019, as anticipated by the ministry due to the effects of the ongoing pandemic.
Bahrain non-oil sector grows 3 3pc in Q4
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Bahrain non-oil sector grows 3 3pc in Q4
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.