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Sat 11 Jun 2011 10:21 AM

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Bahrain set to deliver uprisings report in August

Final report on reasons for serious unrest to be sent to King Hamad; 571 sacked workers reinstated

Bahrain set to deliver uprisings report in August
Protester generic

A final report giving reasons for the outbreak of political and social unrest in Bahrain will be delivered to the country's ruler by August.

Jawad Salem Al Arrayed, deputy prime minister and head of a special panel created to investigate the uprisings that started on February 14, said King Hamad bin Isa Al Khalifa would have its findings by August 10.

In comments published by Bahrain News Agency, he said the committee was continuing its work to find out the reasons behind the turmoil that lead to a number of deaths.

He said a decision had been made to add new members to the investigating panel in a bid to "carry out its task efficiently".

Separately, BNA reported that 571 sacked employees had been reinstated in their jobs after a lack of evidence was found for their original dismissals.

A verification committee chaired by Labour Minister Jameel bin Mohammed Ali Humaidan recommended that the employees be given their jobs back, without specifying where they worked.

Bahrain, home of the US Fifth Fleet, faced a wave of Shi’ite-led protests in February and March that left at least 29 people dead, including four policemen, and dozens more injured.

The protests prompted members of the Gulf Cooperation Council to send a military force to help restore order.

Bahrain is to spend over $16bn and run up a deficit of over $12bn over the next two fiscal years as it struggles to rebuilding its economy from the ongoing political unrest that has plagued the country.

In May, Bahrain’s credit rating was lowered one level at Moody’s Investors Service with a negative outlook, citing the impact of the recent political turmoil on economic growth and the weakening of the banking industry.

Bahrain’s government bond rating was reduced to Baa1, the third lowest investment grade, from A3.

Bahrain’s economic growth may slow to 3.1 percent this year from 4.1 percent in 2010, the International Monetary Fund said in its Economic Outlook in April.

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