Bahrain’s Public Debt Rises to 8.68 Billion BD at the End of November
2017-02-19 - 3:04 p
Bahrain Mirror: Bahrain's public debt continued to rise reaching 8.68 billion BD in November 2016, which constitutes 72% of the Gross domestic product (GDP).
Central Bank of Bahrain's data confirmed that the public debt raised about 1.6 billion BD during 11 months; increasing from 7.05 billion BD in (January 2016) to about 8.68 billion at the end of (November 2016).
Bahrain's public debt stands at 72% of the GDP, which is about 11.70 billion BD.
According to information, the government borrowed government bonds worth 1.1 billion BD, noting that it borrowed 600 million BD in the US dollar during the first 11 months of 2016.
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