MANAMA: Bahrain’s current account is expected to remain in surplus throughout Q1-2022, backed by strong economic data into the second half of 2021 coupled with the improved outlook for oil prices, British multinational bank HSBC has said.
The bank’s latest quarterly economic report on the Central and Eastern Europe Middle East and Africa (CEEMEA) region describes Bahrain generating a second successive quarterly current account surplus in Q32021 as a “remarkable improvement” on the near double-digit deficit recorded the previous year .
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