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Bahrain posts surplus of over $88mln in H1

August 16, 2022
finance & economy

CAIRO - Bahrain has posted a budget surplus of 33 million dinars ($88 million) in the first half of 2022 from a deficit of 520 million a year earlier, the country's Ministry of Finance said on Monday.

The data also showed total public revenues at 1.698 billion dinars, up 52% year-on-year, while total expenditure stood at 1.665 billion dinars in the first six months, an annual increase of 2%.

Earlier this year, Bahrain has expected a significantly narrower budget deficit for the first half of 2022 due to high oil prices.