Improving Economy To Aid Autos Sector

Bahrain's previously strong economic growth has been trimmed somewhat by the global recession, though the economy should still expand in 2009. Falling oil revenues and tightening liquidity have had a considerable impact. With automotive sales closely linked to economic performance and consumer confidence, this has had an inevitable effect on the vehicle market. Nonetheless, Bahrain's flourishing financial sector has held firm, with the authorities winning praise from the IMF in May 2009. This has stood the country in good stead.

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