An acceleration in the pace of project implementation in Q1 2018 is expected to underpin faster non-oil growth in Bahrain throughout the year, Bahrain Economic Development Board said in a new report.

 

The country's growth in Q1 was negatively impacted by a one-off maintenance-related reduction in oil production, leading to a 15 percent contraction in the oil sector.  

 

However, the non-oil sector is set to grow 4.3 percent this year, with headline growth of 3.4 percent, backed by recovery in the construction sector.

 

Sectors such as manufacturing, trade, real estate and financial services are also likely to benefit over the course of the year, supported by renewed momentum, the report said.

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