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Saudi Arabia, Kuwait, and the UAE announced a program "to enable the kingdom of Bahrain to support its economic reforms and fiscal stability." Bahrain is facing an estimated budgetary shortfall of $3.5 billion in 2018, and has been subject to immense currency and bond pressures.

Tags

  • Bahrain
  • Kuwait
  • Saudi Arabia
  • United Arab Emirates
  • Central Bank Deposit
June 27, 2018
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