*** Stability Rooted in the Rule of Law | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Stability Rooted in the Rule of Law

TDT | Manama

Email: mail@newsofbahrain.com

Ali bin Saleh Al Saleh, the Speaker of the Shura Council emphasised that Bahrain’s current national approach strongly focuses on governance, legal responsibility, and preserving state stability through clear principles of citizenship and accountability.

He said His Majesty King Hamad bin Isa Al Khalifa's vision reflects a structured national framework that strengthens the rule of law and reinforces citizenship responsibilities as a foundation for social and institutional stability.

Al Saleh noted that recent royal directives underline the importance of legal measures in safeguarding national security and ensuring that citizenship remains tied to clear eligibility criteria, accountability, and loyalty to the nation.

He also highlighted the Government's role, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, in maintaining the continuity of public services and efficiently managing national affairs during sensitive regional conditions.

The Speaker stated that Bahrain’s institutional strength lies in its coordinated governance approach, where leadership directives translate into effective executive action that supports stability and public confidence.

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Pension and Industry Laws Under Review

The Shura Council has progressed key legislative and economic initiatives aimed at strengthening social equity, boosting national industry, and enhancing Bahrain’s investment environment.

In its Services Committee, members reviewed a draft amendment to the social insurance law seeking greater parity between public and private sector retirees.

The proposal would allow retirees to access substitution loans every two years from the date of the previous loan, rather than waiting until the final installment is completed, aiming to improve financial flexibility and fairness.

Officials from the General Organization for Social Insurance affirmed cooperation with lawmakers, stressing the need to balance reform with financial sustainability and risk management.

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Local Products Prioritized in Tenders

Separately, the Legislative and Legal Affairs Committee approved the legal validity of an amendment to strengthen national industries. The proposal includes forming a dedicated committee to oversee industrial development and introducing a national product list to prioritize Bahraini goods in government procurement, alongside clearer local content requirements in public tenders.

The Financial and Economic Affairs Committee also praised efforts to expand international cooperation and attract investment, highlighting Bahrain’s participation in IMF and World Bank Spring Meetings and the recent investment protection agreement with Switzerland, seen as a boost to investor confidence.

The committee continued its review of the state’s 2024 consolidated accounts and unemployment insurance financial reports, underscoring ongoing efforts to ensure transparency and fiscal discipline.