Manama: Bahrain’s Civil Service Bureau yesterday announced that over 6,000 applications have been submitted for the Voluntary Retirement Scheme, a new initiative designed to streamline government revenues and increase private sector growth.
The one-off scheme provides eligible participants with early access to end-of-service packages and incentives consistent with existing laws and regulations, including access to a cash sum equal to five years’ additional service, end of service increments for those eligible and end of service indemnity.
Participants will also be given the opportunity to enhance their contribution to the kingdom’s economic growth through entrepreneurship or participation in the private sector.
Participants must have completed 10 years of service in the public sector, and cannot be working in a senior position.
Measures are in place to ensure public sector functions will not be affected by the scheme.
It represents one of a series of measures launched as part of the Fiscal Balance Programme, a comprehensive package of reforms that will secure the kingdom’s long-term fiscal stability. Registration for the scheme will be open until November 9.
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Clean energy vow
Electricity and Water Affairs Minister Dr Abdulhussain Mirza yesterday discussed co-operation with a delegation from Kassab International company led by board member Amer Mahjoub.
The minister listened to a brief on the company’s activities and projects implemented in the region, in addition to latest technologies introduced in the production of solar energy. The delegation expressed keenness to establish co-operation in the fields of renewable energy and energy efficiency.
The minister noted the government’s interest in benefiting from clean energy projects.
Free medical camp
A FREE medical camp will be held for domestic workers on Friday. The camp which is a collaboration between Aster Clinic and Discover Islam will be held at the Aster Clinic at Gudaibiya from 8am to 1pm.
Forum invite
Labour and Social Development Minister and Labour Market Regulatory Authority chairman Jameel Humaidan yesterday received Moroccan Ambassador Ahmed Rashid Khatabi, who delivered an invitation to attend the Global Forum on Migration and Development in Marrakech, Morocco.
Royal order issued
Manama: His Majesty King Hamad yesterday issued a Royal Order ending the extraordinary session of the fourth legislative term of the Shura Council and parliament from today.
Scheme crucial
Manama: Deputy Premier and ministerial committee for financial affairs and rationalisation of expenditure chairman Shaikh Khalid bin Abdulla Al Khalifa stressed the crucial importance of implementing the Fiscal Balance Programme.
It requires relentless efforts to strike a balance between government revenues and spending by early 2022 through perfect implementation of policies and initiatives aimed at cutting expenditure and increasing revenues as well. He was speaking as he yesterday met heads of work teams in charge of reducing government operating costs. He hailed Royal decrees restructuring the Finance Ministry and said it will improve efficiency of state spending by implementing good governance and exerting more administrative and financial control over government bodies.
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