Manama, Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa stressed the importance of exchanging expertise across all fields to support development projects and attract promising investment opportunities to the Kingdom of Bahrain.
He highlighted the vital role played by financial and banking institutions to create a competitive environment, support the national economy and spur growth.
The minister made the statement as he held a remote meeting with BNP Paribas Chairman Jean Lemierre on the sidelines of the annual meetings of the International Monetary Fund and the World Bank.
The two sides discussed the efforts undertaken by the financial and banking institutions to mitigate the repercussions of the novel coronavirus (COVID-19), support economic recovery and financial stability.
They also discussed developments of the global financial markets, world economic developments and future opportunities, stressing the importance of consolidating cooperation and exchanging expertise.
Source: Bahrain News Agency