17 May 2023

Bahrain Chamber meets IMF delegation

Bahrain Chamber’s First vice-Chairman Khalid Najibi affirmed the keenness of Bahrain on enhancing the sustainability of economic growth by developing policies that encourage investments and generate more qualitative opportunities, noting that the Bahrain Chamber works in conjunction with government on implementing a comprehensive strategy for the development of economic cooperation between Bahrain and various countries of the world, in a bid to increase trade exchange, enhance investment cooperation and exchange experiences. This came during a meeting held at the Chamber’s premises on Tuesday 16th May 2023, with a delegation from the International Monetary Fund (IMF) headed by Ms. Asmaa Al-Janaini, which comes within the framework of the existing cooperation between Bahrain and the IMF on exchanging experiences on developing mechanisms to serve development goals and national priorities.

During the meeting, Najibi reviewed the efforts of the private sector and its endeavors to develop the national economy and attract major investment projects, in a way that guarantees the achievement of the Kingdom's economic development plan, indicating that the government's launch of financial support packages provided the necessary liquidity for the private sector to deal with the repercussions of the Covid-19 pandemic.

For her part, Al-Janani praised the efforts of the government of Bahrain in launching incentive initiatives and the fiscal balance program to sustain the growth of the economy, which reflected positively on the indicators of economic growth in the Kingdom, expressing her thanks for the cooperation of the Bahrain Chamber of Commerce and Industry with the IMF delegation to review the Kingdom's experience in this regard.

 

Back to News