MANAMA: His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has reaffirmed the Government’s determination to develop its systems in order to consolidate the Kingdom’s economic status and competitive potentials in the investment and banking fields.
He emphasised that the interest rate spread, or the gap between the interest rate a bank pays on deposits and the rate it charges for loans, should serve the interests of customers and banks, calling on the Central Bank of Bahrain to take that into consideration.
This came as HRH Premier received here on Sunday the Speaker of the Council of Representatives Khalifa bin Ahmed Al Dhahrani, Chairman of the Shura Council Ali bin Saleh Al Saleh and several MPs, in the presence of a number of senior officials.
HRH Premier expressed strong resolve to continue serving the citizens and improving their living standards, stressing that attempts to distract the government and impede its efforts to achieve more development for the nation will not succeed.
He said that the government is committed to building the nation and enhancing its development, on the one hand, and safeguarding its security and stability, on the other, calling for the need to protect youths from being involved in terrorism through eliminating hotbeds of incitement and countering those who gave up their social and religious duties of advising and guiding youngsters and, instead, engaged in instigating and misleading them.
HRH Prime Minister affirmed that the government welcomes criticism and considers it a healthy phenomenon as long as it is aiming to enhance the nation-building process, development and reforms.