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Bahrain considers raising taxes to reduce deficits

A shopping street in Manama, Bahrain. The government is said to be considering a raise in VAT for the country's 1.6m people Alamy via Reuters
A shopping street in Manama, Bahrain. The government is said to be considering a raise in VAT for the country's 1.6m people

Budget tax plan under discussion

Wider corporate tax likely

Debt burden at 130% of GDP

Bahrain’s plan to end a long string of government budget deficits could prove burdensome to both businesses and people as it considers a raft of tax ...