This comes as part of the government’s economic strategy and keen interest to stabilize and ensure perpetual growth of the national economy.
HRH the Premier directed to open new economic areas to woo direct investments and stimulate promising economic sectors in order to maintain positive economic growth and a low unemployment rate.
HRH the Prime Minister also instructed to carry out a number of initiatives that have immediate impact on the economic and social movement. He also gave directives to conduct economic studies to review spending policies in ministries and governmental authorities so as to make them more efficient.
The meeting discussed the current situation of the national carrier and ways of supporting it to help it face challenges and competitiveness and boost its role as a key player in the national economy.
Minister of Finance and Head of the ministerial committee for financial and economic affairs gave a presentation on the committee’s visions and recommendations regarding the economic field.
The meeting also reviewed the government’s main programmes and ways to maintain work progress in all economic and services sectors, including education, health, housing and infrastructure.
The meeting also spotlighted the achievements made since the beginning of using the current budget, in addition to reviewing the accomplishments made in the education sector for which the government allocated BD 328 million in 2012.
The government also earmarked BD 273 million to continue improving health services and facilities, BD 242 million to carry on building housing units nationwide and reduce waiting lists, BD 194 million to improve the road network, sanitation and government buildings and BD 250 million to support the electricity and water networks.