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Business / Middle East Business

Bahrain sees sharp growth in 2013

Published: 13 Feb 2013 - 05:01 am | Last Updated: 03 Feb 2022 - 09:03 pm

 

DUBAI: Bahrain’s economic growth is expected to pick up sharply this year on the back of a stronger oil sector, large industrial investments and a robust regional economy, the government said yesterday. The Economic Development Board estimated gross domestic product grew 3.9 percent in 2012, up from 1.9 percent in 2011. It predicted GDP would expand 6.2 percent this year before growth eased to 3.4 percent in 2014.

Reuters