International Monetary Fund Issues Statement on Bahrain Visit
May 30, 2018
May 30, 2018
WASHINGTON, May 30 -- The International Monetary Fund issued the following statement by team leader Bikas Joshi after a visit to Manama, Bahrain, on April 30-May 15 to discuss the 2018 Article IV consultation:
"Output remained resilient in 2017, growing at around 3.8 percent. This was underpinned by the non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. Inflation remains subd . . .
"Output remained resilient in 2017, growing at around 3.8 percent. This was underpinned by the non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. Inflation remains subd . . .