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Earlier, the Emergency, Crisis and Disaster Management confirmed the reopening of all roads in the emirate
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Bahrain oil products to be VAT-exempt
Bahrain will exclude oil products from a value-added tax (VAT) due to be implemented next year.
manama - The tax is due to be implemented next year
Bahrain's upper house gave final approval to a draft law of the tax in October.
Meanwhile, Bahrain's annual growth in gross domestic product (GDP), adjusted for inflation, slowed in the third quarter of this year as both the oil and non-oil sectors lost momentum, the government's statistics website showed.
GDP grew 1.6 per cent from a year earlier in the third quarter, slowing from 2.5 per cent in the second quarter. The oil sector shrank 1.5 per cent in the third quarter, while the non-oil sector grew 2.4 per cent. - Reuters
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