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Bahrain's non-oil sector expands 4.7% in the first half of 2017

Bahrain Business
Mon, 20 Nov 2017
Avinash Saxena


MANAMA:  Growth in the non-oil sector of Bahrain's economy reached an annual pace of 4.7 per cent in the first half of 2017, ahead of the 4pc non-oil growth recorded during 2016 as a whole, according to the latest Bahrain Economic Quarterly published by the Economic Development Board (EDB).

The robust Strong non-oil growth figures were almost entirely due to activity in the private sector, underscoring the strength of structural and countercyclical growth drivers in the Bahraini economy.

This positive momentum at a time of fiscal consolidation and minimal oil output growth underscores the dynamism of the kingdom's economy.