BAHRAINI AND COMPARATIVE LEGISLATION: EXPLORING THE PRINCIPLE OF CURRENT ACCOUNT INDIVISIBILITY

Section: Articles Published Date: 2023-05-18 Pages: 10-12 Views: 6 Downloads: 0

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Abstract

This article examines the principle of current account indivisibility in Bahraini and comparative legislation. The current account is a crucial component of a country's balance of payments, encompassing international trade in goods, services, and income. The concept of indivisibility implies that the current account transactions cannot be separated into distinct categories and must be considered as a unified whole. By analyzing the legal frameworks in Bahrain and drawing comparisons with other jurisdictions, this study aims to shed light on the importance, implications, and potential challenges associated with the principle of current account indivisibility.

Keywords

Bahraini legislation, comparative legislation, current account