Bahrain says preliminary estimates for 2022 show deficit decreased by 85 percent

World
21-02-2023 | 08:16
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Bahrain says preliminary estimates for 2022 show deficit decreased by 85 percent
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Bahrain says preliminary estimates for 2022 show deficit decreased by 85 percent

Bahrain's preliminary financial estimates for 2022 showed the deficit decreased by 85 percent, the Finance Ministry said in a statement on Monday.

Total oil revenues increased by 58 percent compared with budget estimates, according to the statement.

The country's total public revenues increased by 42 percent to 3.490 billion Bahraini dinars ($9.26 billion) compared with budget estimates, it added.

"The total fiscal deficit decreased by 85 percent, to 178 million dinars, compared to the budget deficit estimate at 1.185 bln dinars", according to the statement.
 
 
REUTERS
 

Bahrain

Deficit

Decrease

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