Why isn’t BAHRAIN the World’s RICHEST country?

      Published on Wednesday, 27 May , 2020      2211      
Why isn’t BAHRAIN the World’s RICHEST country?

  • Gulf TV, Bahrain

Bahrain has a lot of oil and very little population to splits the profit. With this premises, it seems pretty logical to think that this absolute monarchy has no financial problems at all, right? The opposite is true. Bahrain debt bond is considered as a junk bond and its government has multiplied its debt by 10… in just two years! In fact, Bahrain’s economy is at the edge of collapse. Nonetheless, the situation can change. In the latest months, a new oil bed has been discovered. It could have as much as Russia as a whole… but is this enough to save Bahrain’s economy? Or they will have to make economic and political reforms? In this video we will answer all of these questions.

Category Gulf TV, Bahrain | 2020/05/27 latest update at 11:30 AM
Source : Internet | Photocredit : Google
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