Foreign direct investments in Bahrain rose by 9.7 per cent in 2022 to $1.951 billion despite a global drop by 12.1pc in foreign investments, said Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa.
However, he stressed that the effect of the pandemic as well as geopolitical and international inflation will continue to have a long-term effect as global economic growth will drop from 3pc last year to 2.9pc this year with it standing at 3.5pc in 2022.
“We have worked out 27 programmes through our Economic Recovery Plan announced in October 2021 and we are continuing to work on them despite international challenges and changes that Bahrain is not insulated from.”
