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Bahrain sees economic growth at 6.2% in 2013
- Bahrain: Thursday, February 14 - 2013 at 03:31
Bahrain's Economic Development Board has said the kingdom's economic growth is expected to pick up sharply in 2013, on the back of a stronger oil sector, large industrial investments and a robust regional economy, Reuters has reported. Gross domestic product (GDP) is expected to grow 6.2% this year, before easing to 3.4% in 2014, the board said. The country's GDP growth decelerated for most of last year, from 5.9% year-on-year in the first quarter to 3.1% in the third quarter, the board said without giving a number for fourth-quarter growth.
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