The annual budget is the government's principal instrument of economic development and its barometer of progress. It projects total revenues from all sources, including petroleum, taxes, customs duties, investments, and foreign government transfers. It also includes projected expenditures for government salaries, services, and development projects. The annual budget is supplemented by biennial budgets and six-year development plans. The budget indicated that Bahrain's GDP for 1990 was about US$4.0 billion, or a per capita GDP of US$7,500. Data as of January 1993
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