Bahrain calls for businesses to register for VAT or pay hefty fines and face prison
Bahrain VAT
Latest in Bahrain VAT
Bahrain economy
Bahrain’s GDP grows by 5.72% in Q2 2021
Growth mainly attributed to the non-oil sector’s expansion, 7.78 percent and 12.82 percent at constant and current prices, according to the Information and E-Government Authority
Bahrain economy
Bahrain to double VAT as economy recovers from pandemic
Bahrain is under fiscal strain despite a $10 billion bailout package pledged by its wealthier neighbours in 2018
Bahrain economy
Bahrain keeps options open as it seeks economic rebound
The kingdom’s public finances have been under strain from the twin shock of the coronavirus pandemic and lower oil prices
Arab Spring 2011
Bahrain scraps subsidy reforms despite IMF push to introduce austerity measures
Bahrain’s public debt is approaching 114% of GDP as its reserves are expected to remain low
bahrain retail sector
Bahrain said to see surge in big ticket sales ahead of VAT launch
Sales of cars and jewellery in Bahrain have reportedly surged by up to 40% in the last days of December
Bahrain VAT
Bahrain on course to implement VAT from January 1 2019
The move must also be approved by Bahrain’s upper house being implementation