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Bahrain-aid

islamic finance380

Gulf $20 billion aid fund not yet capitalized-Bahrain

Bahrain expects allocation from Gulf fund soon; Budget deficit $83 mln in 2011, lowest in 3 years; Spending at $7.6 bln in 2011, seen at $9.8 bln in 2012; Oil prices well below budget break-even point

June 20, 2012 5:46