FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT APRIL 2011
BAHRAIN BOURSE
ECONOMIC AND POLITICAL DEVELOPMENTS
Political Outlook
A general election for the Chamber of
Deputies (the lower house of parliament) was
held in October. After two rounds of voting,
the al-Wefaq National Islamic Society, a
largely Shia-supported political society,
emerged as the largest group in parliament,
although it fell short of a majority, winning 18
of 40 seats. Pro-government independents
won 17 seats. Two Sunni-based Islamist
parties, the al-Menbar National Islamic
Society (which is associated with the Muslim
Brotherhood) and the al-Asalah Islamic
Society (a salafi, or puritanical Islamist,
group), won five seats between them, less
than half the number they had in the
previous parliament. The Waad society, a
liberal and cross-sectarian group, failed to
win any seats.
Source: Bahrain: Country outlook
Information obtained from the Exchange.
BAHRAIN ECONOMIC CHARTS AND TABLES
Key Indicators
Real GDP Growth (%)
Consumer Price Inflation (av;%)
Budget Balance (% of GDP)
Current-Account Balance (% of GDP)
Exchange Rate US$:Euro (av)
Exchange Rate US$:Euro(year-end)
2010
-6.50
2.50
0.30
2.40
0.38
0.38
2011
-.50
2.40
1.00
-.60
0.38
0.38
2012
-.30
3.30
-.10
2.20
0.38
0.38
Source: Country Forecast Bahrain August 2010
Year
2006
2007
2008
2009
2010
GDP in Billions of USD PPP
22.42
25.01
27.17
28.27
29.68
% GDP Growth
-1.30
0.16
-0.15
3.10
-6.50
Source: EIU Country Data
Risk
Sovereign risk
Currency risk
Banking sector risk
Political risk
Economic structure risk
December 2010
BBB
BBB
BB
BB
BB
Source: Bahrain: Country risk summary
Key Information Contacts
Central Bank of Bahrain http://www.cbb.gov.bh/cmsrule/bmaindex.jsp
Ministry of Finance http://www.mofne.gov.bh/English/eindex.asp
Bahrain Government http://www.bahrain.gov.bh
Economic Development Board http://www.bahrainedb.com
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