This table shows the domestic outlook for 2009, based on the macroeconomic assumptions agreed upon by the Development Budget Coordination Committee. With the bottoming out of the crisis, the economy is forecast to grow moderately at a range between 0.8 and 1.8 percent in 2009 (GDP) to provide the backdrop for the improvement in growth prospects in the coming year.
Honoured guests, ladies and gentlemen, it is with great pleasure I declare open the BNP Paribas office in the Bahrain Financial Harbor. May I wish the bank a successful and prosperous evolution and continued close association with the development of Bahrain as the leading international financial centre of the Gulf region. BIS Review 161/2008  1