Bahrain subsidy cuts 'insufficient' to offset cheap oil, says Fitch 06-12-15 06:48 AM Fitch Ratings has revised Bahrain's outlook to negative from stable as it forecasts a wider double-digit budget deficit of 12.5 percent of GDP in the Gulf kingdom in 2015. The ratings agency, which also affirmed the country's long-term foreign and local ... Source... |
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