Bahrain generated BD713 million in non-oil revenue





Bahrain generated BD713 million in non-oil revenue last year, which is an increase of five per cent compared with 2020.

Deputy Premier Shaikh Khalid bin Abdulla Al Khalifa said the revenue was BD680m in 2020 and BD812m in 2019.

“Non-oil revenues were 41pc of our total income in 2020, which is a huge increase from where we were in 2002 when it was just 33pc,” said Shaikh Khalid, who also chairs the Ministerial Committee for Financial Affairs and Rationalising Expenditure.

“This comes as we partnered with the private sector in numerous projects and reoriented our work structure.

“More strategies are being created as we reduce our reliance on oil and diversify sources.”

The Deputy Premier indicated that out of the BD713m in 2021, BD224m constituted government fees.

Read More - www.gdnonline.com

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