MANAMA, Feb 20 (Reuters) - Bahrain’s central bank governor said on Tuesday that the country’s economic growth might accelerate because of the recovery of oil prices since mid-2017, but he warned that the government needed to be careful about its budget deficit.
Rasheed Mohammed al-Maraj, speaking at an investment conference in Bahrain, also said it was only a matter of time before the country introduced a value-added tax to strengthen state revenues. (Reporting by Davide Barbuscia; Writing by Andrew Torchia)
Our Standards: The Thomson Reuters Trust Principles.