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41 November, 2020 Bahrain Global: 43 Availability: 27 Cost: 18 Regulation: 59 Productivity: 55 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 26 Availability: 18 Cost: 7 Regulation: 35 Productivity: 28 Remote Readiness 12 Remote Readiness 20 Bahrain has spent over $2 billion USD on measures to mitigate the economic impact of Covid-19. For individuals, there have been extra social payments to lower income families and payment of utility bills. Measures to protect businesses include: • Payment of water and electricity for companies • Rent and other fee payment exemptions and reductions for commercial entities • Government support for wages for Bahraini workers in the private sector • Wage support for transport drivers and uninsured employees in some childcare settings • Reduction in fees for one year work permits https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Borders are open and employers have been able to apply for new foreign worker permits. All arrivals into Bahrain must get a Covid-19 test and self isolate until test results are known. After 10 days all arrivals must have a new test. Face coverings are mandatory in public. Businesses have reopened and schools are also open. 5.7% 4.7% 0% 20% Bahrain Regional Ave. % of GDP Bahrain Q4 2019* Q4 2020* % Change YOY Total Workforce 977K 778K -20.4% Unemployment Rate (%) 3.9% 4.9% 26% Unemployed Workers 38K 38K 0.1% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ Bahrain Statistics *Reported figures at Q4 each year The 2020 figure for the unemployment rate is an estimate from the IMF