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Gulf Press > Gulf > Bahrain > Bahrain eager to enhance collaboration with the World Bank
Bahrain

Bahrain eager to enhance collaboration with the World Bank

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Last updated: 2024/05/03 at 4:42 PM
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Bahrain’s commitment to deepening collaboration with global financial and economic institutions was highlighted by the Minister of Finance and National Economy, His Excellency Shaikh Salman bin Khalifa Al Khalifa, during a meeting with Ousmane Dione, Vice President of the Middle East and North Africa Region. The Minister emphasized the crucial role played by the World Bank in supporting economic development initiatives and promoting prosperity on a global scale.

Shaikh Salman’s discussion with Dione centered around the importance of strengthening cooperation with the World Bank to drive progress and growth in Bahrain and other nations. The Minister expressed his appreciation for the institution’s efforts in facilitating economic development and poverty reduction across the Middle East and North Africa region. By fostering partnerships with international financial institutions, Bahrain aims to leverage their expertise and resources to advance its economic objectives and enhance the well-being of its citizens.

During the meeting, Shaikh Salman and Dione explored opportunities for collaboration in key areas such as infrastructure development, investment promotion, and capacity building. The Minister highlighted the Kingdom’s commitment to implementing sustainable development initiatives that align with the goals of the World Bank and other global organizations. By working closely with these institutions, Bahrain seeks to leverage their knowledge and experience to drive growth and prosperity in the region.

In his discussions with Dione, Shaikh Salman reiterated Bahrain’s dedication to fostering a conducive environment for investment and economic activities. The Minister emphasized the importance of creating a business-friendly ecosystem that attracts foreign investment, stimulates economic growth, and creates job opportunities for the local population. By collaborating with international financial institutions, Bahrain aims to strengthen its position as a regional hub for business and finance.

The Minister’s meeting with the Vice President of the Middle East and North Africa Region underscores Bahrain’s proactive approach to engaging with global partners to achieve its economic objectives. By leveraging the expertise and resources of organizations like the World Bank, Bahrain aims to accelerate its economic development initiatives and drive sustainable growth in the region. Through strategic partnerships and collaboration, Bahrain is poised to unlock new opportunities for investment and innovation, positioning itself as a competitive player in the global economy.

Overall, Bahrain’s commitment to enhancing cooperation with international financial and economic institutions reflects its dedication to driving economic growth and prosperity for its citizens. By forging partnerships with global organizations like the World Bank, Bahrain aims to leverage their expertise and resources to advance its economic objectives and foster sustainable development. Through collaboration and engagement with global partners, Bahrain is well-positioned to achieve its economic goals and strengthen its position as a regional leader in business and finance.

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News Room May 3, 2024
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