Bahrain to achieve economic goals despite challenges

Source24×7 News
SectorEconomy
CountryBahrain

Manama: Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa stressed Bahrain’s resolve to continue to achieve desired development goals despite the challenges facing the Kingdom and the world due to the outbreak of the novel coronavirus (COVID-19), which led oil prices in the global markets to drop. He lauded the role and contributions of local newspapers as an essential partner in achieving all national initiatives and programmes of the development march, led by His Majesty King Hamad bin Isa Al Khalifa. During a remote meeting with representatives of local newspapers, the Minister outlined the preliminary financial results for 2020, stressing the importance of stepping up cooperation and coordination between the executive and legislative branches of government and putting citizens’ interest above all considerations. “The preliminary financial results achieved during 2020 compared to the 2020 budget reflected the government’s commitment to public expenditure levels compared to previous levels, despite the increase in emergency and emerging expenditures related to confronting the...read more...