Finance minister stresses Bahrain’s support to promising sectors

Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa stressed Bahrain’s keenness on promising sectors that suppot the national development, led by His Majesty King Hamad bin Isa Al Khalifa, with the follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

He made the remarks as he he attended today the Financial Sector Conference which was held in Riyadh, the Kingdom of Saudi Arabia.

senior officials and decision makers in the financial sector and senior executives in financial institutions are taking part to discuss challenges and developments related to the financial sector and to exchange experiences and best practices.

He expressed his sincere thanks and gratitude to the Kingdom of Saudi Arabia for hosting this important conference to discuss challenges and opportunities in the financial secto.

He also thanked Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan, Minister of Finance for the kind invitation to participate in this conference, which in turn constitutes a valuable opportunity to exchange experiences and expertise. on developments in the financial sector.

He noted the positive economic growth witnessed by the Kingdom of Saudi Arabia and the region, supported by financial policies and legislation that spur the growth of the business environment.

“The Kingdom of Bahrain attaches great importance to boosting the financial sector and supporting financial technology, innovation and digital transformation by developing effective solutions and strategies that contribute to enhancing the competitiveness of the sector and backing financial and banking institutions”, he said.

He stressed the importance of continuing efforts to develop promising sectors that contribute to providing many qualitative opportunities and increase trade flows and raise production.

He highlighted the importance of institutions that encourage innovation and support capital in order to achieve the desired economic growth and spur financial sustainability.

Source: Bahrain News Agency