Finance and National Economy Minister highlights August 2021 indicators

Manama, September 20 (BNA) Minister of Finance and National Economy Sheikh Salman bin Khalifa Al Khalifa praised His Majesty King Hamad bin Isa Al Khalifa, praising the royal directives to launch a stimulus package to mitigate the impact of the emerging coronavirus (Covid). -19) and maintain sustainable development.

He praised the follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, noting the extension of the stimulus package for a period of three months from June 2021 until August 2021.

The minister stressed the continuation of the campaign by the Bahrain team to support the economic recovery of the Kingdom, stressing the efforts made to achieve the desired goals of the stimulus package during the coming period and transforming challenges into opportunities.

And he said in a statement today, that the recorded economic indicators were compared to the levels recorded during the year 2019 – before the outbreak of the epidemic, which reflects the continued pace of economic recovery.

In the real estate sector, the number of building permits issued in August of this year 2021 exceeded the levels recorded during the same period in 2019 by 64.4%.

The total construction area of ​​the licenses issued during the month of August was about 448,000 square meters, an increase of 151.6% over 2019.

The minister pointed to the increase in non-cash transactions due to the pandemic, as the results were reflected in sales levels at points of sale.

He said that total sales rose last August by more than 55% from their levels in the same period in 2019, coinciding with the return of commercial activity during the month of August 2021.

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In the trade sector, the value of international exports of national origin increased by 103% during August 2021 compared to the same month in 2019. International imports grew by 16%.

In internal trade, a total of 627 new commercial records were issued to companies during August 2021, an increase of 28.8% compared to the same month in 2019.

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