Bahrain on a path to greater economic growth, gradually emerging from the shadows of pandemic: Minister | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Bahrain on a path to greater economic growth, gradually emerging from the shadows of pandemic: Minister | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Financial stability and economic sustainability are the two major goals of Bahrain’s government, said the Minister of Finance and National Economy yesterday. Shaikh Salman bin Khalifa Al Khalifa was delivering his keynote speech at the Economic Recovery Forum organised by the Shura Council and Bahrain Institute for Banking and Financial Studies when he made the statement. Shaikh Salman thanked the legislative authority for the financial legislations carried out towards the economic development and in the larger interest of the people. “In January, this year, we increased the social insurance in line with VAT increase. Built promising opportunities for citizens and our support scheme encompassed 128,000 families. “We will see positive results with stable oil prices and continue to build a robust economy for the nation.” Shaikh Salman thanked His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, for the great leadership offered in implementing the Economic Recovery Plan. He pointed out that the Economic Recovery Plan is based on five priorities comprising 27 integrated programmes, and 16 of the 27 programmes included in the plan have been completed, and that the work is underway to