Central Banker Report Cards 2025: Middle East
While central banks prepare for 2026 inflation, a consensus on tackling it remains elusive. Global Finance reveals the 2025 Central Banker Report Cards in the Middle East.
The smallest economy in the Gulf Cooperation Council (GCC), Bahrain, remains stable, with expected GDP growth of 3.5% this year and inflation below 1%. The dirham is pegged to the dollar, and the Central Bank of Bahrain’s (CBB) monetary policy aligns with that of the Fed.
Following the Fed’s cut in September, CBB cut the overnight deposit rate by 25 bps to 4.75%. However,
“Bahrain could face tighter financial conditions from trade-related inflationary pressures and disrupted global supply chains,”according to the World Bank.
Bahrain was among the first Middle Eastern countries to diversify its economy away from oil rents decades ago.
Author's summary: Central banks in the Middle East face challenges in tackling inflation.
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