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.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…160 Views | the publication reaches you by | Bahrain News
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