The Bahraini parliament approved on Tuesday 2019-2022 Government Action Plan. The plan focuses on empowering the private sector, elevating the government work-environment, enhancing investment climate, cutting down expenditures and exploiting water resources.
The government seeks to implement a four-year action plan that bolsters the Fiscal Balance Program launched in October 2018 and funded by Saudi Arabia, UAE and Kuwait.
To ensure fiscal balance in Bahrain, the program grants the kingdom USD10 billion to achieve the balance between expenditures and government revenues by 2022.
Prime Minister Emir Khalifa bin Salman Al Khalifa said that the parliament’s approval is a step forward towards achieving joint aspirations between the legislative and executive authorities to achieve the visions of King Hamad bin Isa Al Khalifa.
In a statement on Tuesday, Emir Khalifa said that the cooperation between the two authorities will remain an anchor in national work, a backbone of development and the building on achievements, in addition to the development of services and seeking more gains for citizens.
He noted that the government is keen to interact quickly and positively with all parliament and Shura Council proposals.
