After slowing in 2023, Bahrain’s economic growth is expected to pick up this year, supported by buoyant activity in the non-oil sector, as the government makes a push toward a cleaner, more diversified economic future.
Yet weak public finances, including large fiscal deficits and elevated public debt levels, remain a threat to the long term prospects of Bahrain — the smallest economy of the six-member Gulf Cooperation Council — and a drag on its reform ambitions.
