Sunday, December 6, 2009

HRH PREMIER PRAISES BAHRAINI ECONOMIC SUCCESSES

MANAMA, DEC.5.(BNA) -- HIS ROYAL HIGHNESS THE PRIME MINISTER PRINCE KHALIFA BIN SALMAN AL KHALIFA TODAY ASSERTED THAT WHAT HAS BEEN ACHIEVED IN BAHRAIN DURING LONG DECADES IS THE OUTCOME OF THE EFFORTS EXERTED BY ALL BAHRAINIS AND THEIR COHESION WITH THEIR LEADERSHIP.
HRH THE PREMIER EXPRESSED HIS PRIDE OVER THE ECONOMIC AND SOCIAL SUCCESSES REALIZED DURING THE LAST DECADE UNDER THE WISE LEADERSHIP OF HIS MAJESTY KING HAMAD BIN ISA AL KHALIFA. SPEAKING TO AL BILAD NEWSPAPER, HRH THE PREMIER ALSO CALLED FOR THE NEED TO PRESERVE THIS HIGH LEVEL OF SUCCESS AND PROMOTE IT BY ENGAGING IN OTHER CONSTRUCTION AND INFRASTRUCTURE PROJECTS AND COMPLETING OTHER DEVELOPMENTAL PROJECTS RELATED TO EDUCATION, HEALTH AND HOUSING. HRH THE PREMIER ALSO EXPRESSED HIS CONFIDENCE IN THE FUTURE AND WISHED TO CARRY OUT MORE SIGNIFICANT ACCOMPLISHMENTS FOR THE KINGDOM. THE SUCCESS OF BAHRAINI ECONOMIC EXPERIENCES AND PLANS IS DUE TO THE POTENTIAL OF THE BAHRAINI INDIVIDUAL WHO IS THE REAL FORTUNE IN THE KINGDOM, HE ADDED. /OUR AMBITIONS ARE ENDLESS, AND WE WILL NEVER SPARE ANY EFFORT TO SERVE OUR NATION IN ORDER TO ACHIEVE MORE PROSPERITY AND PROGRESS,/ HRH THE PREMIER SAID, ADDING THAT DEVELOPMENT IS A CONTINUOUS PROCESS WHICH IS ASSESSED FROM TIME TO TIME. SPEAKING ABOUT THE GLOBAL FINANCIAL CRISIS, HRH THE PRIME MINISTER AFFIRMED THAT BAHRAIN HAS SUCCEEDED IN AVOIDING ITS REPERCUSSIONS THROUGH THE NUMEROUS PRECAUTIONARY AND PREVENTIVE MEASURES TAKEN TO SOLIDIFY THE KINGDOM'S WORLDLY TRUSTED ECONOMY. BAHRAIN'S ECONOMY GREW BY 6.5 ' IN 2008 BECAUSE THE KINGDOM DEALT WITH THE CRISIS REALISTICALLY AND SCIENTIFICALLY AND TOOK THE NECESSARY PROCEDURES TO PROTECT IT, WHICH LIMITED THE EFFECTS, HE ADDED. HRH THE PREMIER ALSO LAUDED THE ECONOMIC STRATEGY ADOPTED BY BAHRAIN ECONOMIC VISION 2030 AND THE MAJOR ROLE PLAYED THE ECONOMIC DEVELOPMENT BOARD UNDER THE CHAIRMANSHIP OF HIS ROYAL HIGHNESS CROWN PRINCE SALMAN BIN HAMAD AL KHALIFA IN BOOSTING THE GOVERNMENT'S ECONOMIC AND SOCIAL POLICIES TO UPGRADE ECONOMY. HRH THE PREMIER ALSO HAILED THE INTERNATIONAL COOPERATION IN THE FINANCIAL AND BANKING SECTORS TO MAKE SURE A CRISIS AS SUCH WILL NEVER HAPPEN. THE PREMIER ALSO PRAISED THE BAHRAINI-ASIAN RELATIONS, ESPECIALLY THAT WITH THAILAND. HRH THE PREMIER ALSO INDICATED THE VARIETY OF INVESTMENT OPPORTUNITIES WITH ASIAN COUNTRIES, ESPECIALLY IN INDUSTRIAL, AGRICULTURAL AND SERVICE SECTORS. HRH THE PREMIER ALSO CALLED FOR BOOSTING ECONOMIC PARTNERSHIP WITH ALL COUNTRIES IN GENERAL AND THOSE OF THE EUROPEAN UNION IN PARTICULAR. HRH THE PREMIER ALSO STRESSED THE NEED TO ACHIEVE ALIMENTARY SECURITY FOR GCC COUNTRIES THROUGH ATTAINING SELF-SUFFICIENCY AT THE LEVEL OF THE MAIN FOODSTUFFS IN ORDER TO AVOID THE REPERCUSSIONS OF ANY GLOBAL CRISIS AND PRICE RISES. GCC COUNTRIES HAVE SUCCEEDED IN SECURING THEIR NEEDS AT REASONABLE PRICES, HE ALSO SAID. HRH THE PREMIER CALLED THE NEIGHBOURING GCC COUNTRIES TO BUY ASIAN FERTILE LANDS AND CARRY OUT AGRICULTURAL PROJECTS TO MEET LOCAL FOOD NEEDS. IN ANOTHER CONTEXT, HRH THE PREMIER HAILED THE ROLE PLAYED BY THE PRIVATE SECTOR IN BAHRAIN IN ALL DEVELOPMENT FIELDS, NOTING THAT THE GOVERNMENT IS KEEN TO ENSURE THE PARTICIPATION OF BUSINESSMEN OR THEIR REPRESENTATIVES IN THE OFFICIAL VISITS AND ECONOMIC COOPERATION MEETINGS. WHQ 05-DEC-2009 19:15

Source:bna.bh/

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