03 Jun 2024

Bahrain Chamber hosts IMF Delegation, highlights economic progress and future vision

The First Vice-Chairman of the Bahrain Chamber, Khalid Najibi, expressed pride in the Kingdom's economic achievements, underscoring the vital role of the government-private sector partnership in driving the country's sustained progress.

Najibi highlighted Bahrain's success in implementing strategic initiatives, such as the economic recovery plan and the fiscal balance program, which have been instrumental in invigorating the national economy and putting it firmly on a trajectory of growth.

 

This came during a meeting with a delegation from the International Monetary Fund (IMF) at the Bahrain Chamber's headquarters on Tuesday, May 28, 2024. The delegation was spearheaded by John Bluedorn, Deputy Division Chief in the Regional Analytics and Strategy Division of the IMF's Middle East and Central Asia Department.

 

During the discussions, the two sides reviewed Bahrain's current economic landscape, its future prospects, and the various initiatives underway to diversify the economy, enhance its dynamism, and empower entrepreneurs. The talks also touched upon Bahrainization efforts, Bahrain's Economic Vision 2030, and the Economic Vision 2050 project.

 

Bluedorn, on behalf of the IMF, reiterated pride in Bahrain's proactive measures to ensure the stability, growth, and sustainability of its national economy. He elaborated on the role of the IMF mission and the purpose of the visit, which aimed to gain insights into the economic landscape, understand the private sector's perspectives, and provide advisory support to the relevant authorities.

AE

 

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