Private sector boom, one of main action plan objectives

Enhancing the role of the private sector as the main driver of economic growth is one of the top priorities of the Government Action Plan (GAP). It is learnt that the plan aims to increase the contribution of the private sector towards the Bahraini economy, while creating more opportunities, in terms of jobs and investments. The action plan for 2019 to 2022 also outlines how Bahrain’s economy can grow and achieve fiscal balance.

According to the National Communication Centre, Government Action Plan 2019-2022 aims to achieve the vision and aspirations of His Majesty King Hamad. “Policies of the Government Action Plan aim to enhance and sustain government services for the benefit of all citizens. “The government’s main priority in this programme is to strengthen the role of the private sector as the main driver of development, in parallel with redefining the role of the public sector to an effective regulator.

“The programme reflects the government’s visions to achieve fiscal balance, promoting both economic growth and sustainable development,” the centre reported on the plan. Objectives of the Government Action Plan include partnering with private sector to provide infrastructure, achieving fiscal balance and economic stability, sustainability in development and government services, strengthening security and stability, supporting the democratic system and strengthening of foreign ties, continuation of the empowerment of Bahrainis and enhancing their contribution to development and enhancing government performance. Among other things, the Social Housing Scheme is also one of the top components of the Government Action Plan.

The Government Action Plan outlines the advancement of Bahrain as a meeting, incentives, conferencing, exhibitions hub.