Manama, May 16 / BNA / Vice President of the Bahrain Chamber of Commerce and Industry. Khalid Mohammed Najibi affirmed the Kingdom of Bahrain’s keenness to consolidate the sustainability of its economic growth and develop its policies aimed at attracting investments and finding more good investment opportunities.
He stressed that since its establishment, the Bahrain Chamber of Commerce and Industry has striven to implement a comprehensive strategy to enhance the economic cooperation of the Kingdom of Bahrain with various countries, in order to increase trade exchange, enhance investment cooperation and exchange experiences with it, indicating that the Bahrain Chamber of Commerce and Industry focuses on contributing to stimulating the economy. As well as supporting the private sector and its investment projects.
This came during Najibi’s meeting today with a delegation from the International Monetary Fund led by Asmaa Al-Janaini, in the presence of members of the Board of Directors of the Bahrain Chamber of Commerce and Industry and its officials.
The International Monetary Fund delegation is visiting the Kingdom within the framework of Bahrain’s continuous cooperation with the International Monetary Fund and other specialized international organizations to exchange experiences, evaluate them, and work on developing them to serve their development goals and national priorities.
During the meeting, the First Vice President of the Bahrain Chamber of Commerce and Industry reviewed the efforts of the private sector in developing the national economy and attracting huge investment projects to ensure the achievement of the Kingdom’s economic development plan.
He pointed out that the government launched an economic stimulus package during the spread of COVID-19, and provided the necessary liquidity for the private sector to deal with the effects of the epidemic, noting that the government’s initiative contributed greatly to maintaining sustainable growth. Creating a state of reassurance among all commercial, industrial and service sectors.
The package also supported the Bahraini private sector enterprises, especially the small ones, as it helped them overcome the difficulties they faced by easing the financial obligations imposed on them, which contributed to creating a growing state of economic recovery with positive effects that served the situation. He said that the private sector in general and stimulated the investment process in particular.
Asma Al-Janaini praised the Bahraini government’s efforts to launch incentive initiatives to maintain the growth of the economy and the fiscal balance program, which reflected positively on the indicators of economic growth in the Kingdom.
She expressed her thanks to the Bahrain Chamber of Commerce and Industry for its cooperation with the International Monetary Fund delegation during its visit to review the Kingdom’s experience.
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