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mercredi 10 août 2011

Report: billion dollar losses due to Bahrain's economy disorders

Report: billion dollar losses due to Bahrain's economy disorders

     * Bahrain: Tuesday, August 9, 2011 - 09:12

Revealed the Bahraini Chamber of Commerce for the registration of the Bahraini economy, including losses of up to two billion dollars due to political unrest that erupted in the country last February, as published by Reuters. The newspaper quoted the Middle East Essam Fakhro Chairman of the Chamber of Commerce and Industry (BCCI) saying that the damage is estimated at between 1.5 billion to two billion dollars and this is not an exaggeration and that things returned to normal. He added that the actions of the government of Bahrain have contributed to the return of confidence and reassure investors. And raised the agency Standard & Poor's rating of Bahrain last month to monitor the negative rating, citing the decline of political tensions and expectations that the increase in government spending will raise economic growth next year
 

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