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Bahrain CBank head: Public spending to boost growth, not Inflation

Posted on 01 February 2010

From MNI: Bahrain’s extensive stimulus program and improvement of international markets should help accelerate growth in 2010, Rasheed Mohammed Al-Maraj, governor of the Central Bank of Bahrain said on Saturday.

Speaking to reporters on the sidelines of the World Economic Forum Annual Meeting here, Al-Maraj said Bahrain is not considering dropping its dollar peg and that he senses no investor concern about sukuks, the Islamic equivalent of bonds………………………………….Full Article: Source

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