According to Reuters article published on February 20, 2023, Bahrain's preliminary financial estimates for 2022 showed the deficit decreased by 85 percent, the Finance Ministry said in a statement on Monday.
Total oil revenues increased by 58% compared with budget estimates, according to the statement.
The country's total public revenues increased by 42% to 3.490 billion Bahraini dinars ($9.26 billion) compared with budget estimates, it added.
"The total fiscal deficit decreased by 85%, to 178 million dinars, compared to the budget deficit estimate at 1.185 bln dinars", according to the statement.
