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Bahrain subsidy cuts 'insufficient' to offset cheap oil, says Fitch - 06-12-15 02:17 PM http://208.100.14.100//t1.gstatic.co...gJMEB150wB_xMG ArabianBusiness.com Bahrain subsidy cuts 'insufficient' to offset cheap oil, says Fitch ArabianBusiness.com 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 ... and more » source... |
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