HRH Prince Salman reviews EDB 2020 performance

HRH Prince Salman reviews EDB 2020 performance

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister and Chairman of the Economic Development Board (EDB) today chaired the EDB board meeting, held remotely.



During the meeting, HRH stressed the importance of economic diversification efforts as a means to further enhance the sustainability of the national economy and help capitalise on the Kingdom's economic resilience. This economic resilience, as well as other national competencies, has allowed the Kingdom to navigate its way through a variety of global challenges.



HRH added that the unprecedented economic stimulus package, launched following directives from HM the King to mitigate the impact of COVID-19, played a crucial role in enhancing recovery efforts and continuing positive growth for various vital economic sectors.



HRH also indicated that the Kingdom of Bahrain has taken careful, balanced steps to manage the impact of COVID-19 on the community and the economy. Precautionary and preventative measures founded on community awareness and cooperation, and continuing to allow movement for living necessities and commercial and economic activities and maintaining open borders for travellers, has managed to have a clear impact on reducing COVID-19 repercussions on all levels.



HRH emphasised that the Kingdom will continue to achieve