Bahrain is strategically pursuing programmes that support economic diversification and attract investments, says a top government minister.
Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa said these include streamlined business procedures, supportive regulatory and legislative frameworks, continuous review of investment-related laws, transparency in processes and services and the development of logistics services.
Bahrain’s non-oil revenues increased from 18 per cent in 2018 to more than 40pc last year, he told a major annual national forum, ‘Towards Inclusive and Sustainable Economic Development’, yesterday.
The minister said that the government was moving from economic recovery following the Covid-19 pandemic to sustainable growth with a focus on vital sectors and strategic projects.
