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Economy without Hamid: interests of total debt shall consume half of Bahraini oil incomes!

The information center of the 14th Feb youth coalition is continuing to disclose more unbearable facts of the falling Bahraini economy.

The information center of the 14th Feb youth coalition is continuing to disclose more unbearable facts of the falling Bahraini economy.

Within its campaign of economy without Hamid, the coalition said that " under the Khalifa's family rule, Bahrain is heading to borrow 2,5 billion dollar"

The campaign also has published the IMF's confession where it said that the foreign currency is not going to cover the exportations for the two consecutive months.

The ministry of economy in the Khalifa's government had admitted that the total debt has reached over 9.1 billion dollar.

The interests of this debt shall consume half of Bahraini oil incomes and most of the oil incomes shall be sent on the debt.

All of this deterioration is due to the corruption inside the governmental sectors, the ministry added.



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