Finance Minister Highlights Impact of HM King’s Royal Address on Bahrain’s Development

Manama:Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, emphasized the significance of the Royal Address delivered by His Majesty King Hamad bin Isa Al Khalifa. The address, given at the inauguration of the fifth session of the sixth legislative term of the Shura Council and the Council of Representatives, underscores Bahrain's commitment to strengthening the foundations of national development and building on the nation's comprehensive achievements across various sectors.

According to Bahrain News Agency, the Finance Minister stated that the royal directives serve as a catalyst for advancing government action and intensifying efforts to align with the nation's interests and fulfill citizens' aspirations. He praised the recognition by HM the King of the Government's efforts, under the leadership of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to enhance the quality of government services, particularly in economic affairs, and to further national development goals.

Shaikh Salman bin Khalifa also acknowledged the King's appreciation for the security and military forces' national role in safeguarding Bahrain's security, especially in response to Iranian attacks. He welcomed the King's declaration of June 1 as the "Day of Pledge and Loyalty" and the designation of 2027 as the "Year of Isa bin Salman", noting these occasions as opportunities to draw inspiration from the values of dedication and service.

The Finance Minister highlighted the need to build on current progress and translate royal directives into strategic initiatives and effective policies. He pointed out that a forward-looking economic vision would link the economy with society and development with sustainability, enhancing national competitiveness, stimulating sustainable growth, and expanding opportunities for citizen participation in shaping Bahrain's future.

Furthermore, Shaikh Salman bin Khalifa stressed the importance of institutional cooperation between the executive and legislative branches to integrate efforts towards national priorities. He emphasized that the current legislative session calls for substantive achievements, requiring ongoing cooperation and shared responsibility to accelerate progress and meet the nation's ambitions and the aspirations of its people.

Finally, the Finance Minister underscored the need to support sustainability in energy and to strengthen food and water security through modernizing legislation and enhancing competitiveness.