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NBB attends and supports the Economic Recovery Forum

June 9, 2022

The National Bank of Bahrain (NBB) has stressed the vital role the government plays in the economy’s recovery phase while ensuring financial sustainability.

Attending the Economic Recovery Forum NBB Chairman, Farouk Yousif Khalil Al-Moayyed, said NBB believed in the importance of the ongoing joint work between the legislative, the executive and the private sector.

The forum was initiated and organised by the Shura Council in coordination with the Bahrain Institute for Banking and Finance (BIBF) and supported by NBB.

Developing the economy

In line with the vision of His Majesty, King Hamad bin Isa Al Khalifa, and announced by His Royal Highness, Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, the forum discussed the launch of the Economic Recovery Plan and the subsequent launch of a number of initiatives aimed at developing the economy and creating jobs within the kingdom.

The forum discussed various topics based on the priorities identified for the country’s economic recovery, which included developing the Kingdom’s human wealth, in addition to facilitating procedures, developing legislation, developing promising sectors and strategic projects, as well as financial and economic stability.

The forum was attended by a number of Ministers, joined by officials from various governmental and private entities.

Hisham Abu Alfateh, Head of Corporate Communications at NBB, acted as master of ceremony of the forum, while a number of NBB staff members attended the event to represent NBB.