Bahrain economy next priority : HM King
TDT | Manama
While sustaining the fight against the coronavirus (COVID-19), Bahrain’s next action priority will be the rapid recovery of the national economy in co-operation with the public and private sectors.
Speaking yesterday through video at the opening of the third- year sessions of Parliament in its current legislative term, His Majesty King Hamad bin Isa Al Khalifa stressed that the Kingdom will adopt solutions and initiatives for national development in line with the aspirations of the Bahrain Economic Vision 2030.
The inauguration ceremony was held virtually at the Sakhir Palace and was attended, also online, by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Dep- uty Supreme Commander and First Deputy Prime Minister.
Alongside HM the King, also attending the ceremony were HM the King’s Personal Representative His Highness Shaikh Abdullah bin Hamad Al Khalifa, HM the King’s representative for Humanitarian Works and Youth Affairs, National Security Advisor and President of the Supreme Council for Youth and Sports His Highness Shaikh Nasser bin Hamad Al Khalifa, Deputy Prime Minister His Highness Shaikh Mohammed bin Mubarak Al Khalifa and Royal Court Minister Shaikh Khalid bin Ahmed Al Khalifa.
Council of Representatives Speaker Fawzia bint Abdullah Zainal, Shura Council Chairman Ali bin Abdullah Saleh, Parliament Affairs Minister Ghanem bin Fadhl Al Buainain and members of the bicameral parliament attended the ceremony remotely.
HM the King called on the public and private investment institutions to direct their capital to developmental areas such as digital transformation, and investment in the medical sector and securing food sufficiency.
“The health crisis has proven the importance and feasibility of developing these areas... they are a priority that calls for maximum co-operation and coordination between the legislative and ex- ecutive branches,” HM the King pointed out.
In order to achieve the desired success, the economic development processes must take into account the environmental variables and their various challenges, including global warming and rising sea levels.
HM the King noted: “We direct the specialists in this field to develop appropriate recommendations to remedy impacts on our local environment and reduce their risks by implementing the latest programmes in the fields of air cooling and coastal protection from rising sea levels.”
Based on the belief that the Bahraini youth are the source of wealth for a better future, HM the King also made the issue of empowering the youth a “national priority” to encourage more participation in sustaina- ble development.
He directed the executive branch to establish a fund for Bahraini youth that can help them establish and own businesses to serve their community and improve their income.
“We have ordered, in this regard, our representative for humanitarian works and youth affairs, our dear son, His High- ness Shaikh Nasser bin Hamad bin Isa Al Khalifa, to follow up on the establishment of the fund and supervise its work,” HM the King said.
“We aspire that this promising project will receive the attention and co-operation of the legislative branch so that it achieves its goals on the path to success and achievement.”
He also spoke of the Kingdom’s national ambition to excel in many advanced sciences, such as space science, with its scientific and environmental benefits and atomic energy sciences with its peaceful uses for the service of humanity.
“We aim to empower our generations to progress further professionally through scientific and knowledge advances,” HM King Hamad noted.
HM the King also affirmed the Kingdom’s commitments to help maintain regional security and stability based on the principles of “good neighbourliness” and to extend a hand of co-operation in fighting threats of extremism and terrorism.
“We reaffirm that fixing the foundations of a comprehen- sive and just peace in the region depends on activating the Arab Initiative that we are working to support by all means with our brothers and allies, and this is a declared and clear position for us in the Kingdom of Bahrain towards the Palestinian cause to reach a two-state solution in order to enhance security and world peace,” he said.
HM the King hailed the Kingdom’s valiant defense and security forces for their professionalism and high efficiency as they protect the country and maintain unity and stability.
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