HRH CROWN PRINCE REVIEWS BAHRAIN FINANCIAL OUTLOOK

BAHRAIN HAS BEEN  ABLE, THANKS TO THE WISE LEADERSHIP OF HIS  MAJESTY KING HAMAD BIN ISA AL KHALIFA, TO WITHSTAND THE APOGEE OF THE GLOBAL FINANCIAL CRISIS LAST YEAR, HIS ROYAL HIGHNESS CROWN PRINCE SALMAN BIN HAMAD AL KHALIFA, THE  ECONOMIC DEVELOPMENT BOARD (EDB) CHAIRMAN, SAID AS HE LISTENED TO A DETAILED PRESENTATION ON THE KINGDOM’S ECONOMIC OUTLOOK AMID THE GLOBAL DOWNTURN.

HE  ALSO URGED THOSE IN CHARGE OF FINANCIAL AND ECONOMIC MANAGEMENT TO BE CAUTIOUS IN  ALL DECISIONS TO SAFEGUARD FINANCIAL AND ECONOMIC STABILITY IN BAHRAIN. THE KINGDOM’S ECONOMIC STRATEGY WILL GO AHEAD, GOD WILLING, WITH THE SAME  MOMENTUM  BASED ON THINKING, STUDY AND CAREFUL  PLANNING, HE SAID.

THEN, HRH THE CROWN PRINCE LISTENED IN THE PRESENCE OF DEPUTY PREMIER SHAIKH  MOHAMMED BIN MUBARAK AL KHALIFA, ROYAL COURT MINISTER SHAIKH KHALID BIN AHMED AL  KHALIFA AND PREMIER’S COURT MINISTER SHAIKH KHALID BIN ABDULLAH AL KHALIFA TO  DETAILED PRESENTATIONS BY FINANCE MINISTER SHAIKH AHMED BIN MOHAMMED AL KHALIFA AND  CENTRAL BANK OF BAHRAIN (CBB) GOVERNOR RASHEED AL MARAJ ON THE KINGDOM’S BANKING AND  FINANCIAL SITUATION, THE LATEST  DEVELOPMENTS OF THE GLOBAL ECONOMIC  CRISIS AND BAHRAIN’S  CONTINGENCY PLAN TO AVERT ITS EFFECTS.

PRESENT AT THE MEETING WERE EDB CHIEF  EXECUTIVE SHAIKH MOHAMMED BIN ISA AL  KHALIFA  AND CROWN PRINCE COURT’S HEAD SHAIKH  KHALIFA BIN DAIJ AL KHALIFA.