Bahrain’s economic outlook “depends on the domestic political front and is subject to oil price risk,” the International Monetary Fund (IMF) said on 15 May following Article IV consultation. The IMF observed that although economic activity improved following the 2011 downturn, the absence of an enduring solution to the country’s political tension means investment is expected to remain weak.

This implies only moderate non-oil growth “below 4% in 2013 and over the medium term.” (CONTINUED - 568 WORDS)