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Bahrain Revenues to Rise by 1.8% as VAT Increases to 10%: Moody's
2021-10-05
Moody's Agency predicts that Bahrain will be able to increase the Value Added Tax from 5% to 10% at the beginning of next January, to increase state revenues by about 1.8% of GDP.
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Moody's Forecasts Gulf Sovereign Sukuk Issues to Hit $34bln in 2020
2020-08-12
Sukuk issuance by Gulf sovereign borrowers is expected to rise to around $34 billion this year, from $25 billion in 2019, as funding needs rise as a result of lower oil prices and the coronavirus crisis, Moody's said.