Labour Minister Jameel Humaidan has affirmed the international community’s confidence in Bahrain’s public policies aimed at sustaining growth in the labour market and attracting more job-generating investments in various sectors.
The minister was commenting on the indicators revealed by the International Monetary Fund (IMF), in which the unemployment rate in Bahrain is expected to drop to 4.4 per cent during 2023.
Mr Humaidan pointed out that this report was issued by an independent and prestigious international body that relies on a scientific approach in analysing economic data and indicators.
“This was a factor that enhances the kingdom’s position as an investment destination and a distinguished incubator for business environments, due to its advanced legislation and laws, emerging economic sectors and promising opportunities within an economy that is growing at an accelerating pace,” he said.
The minister praised the co-operation between the IMF and Bahrain, and periodic meetings held by the fund with economic and labour authorities in the kingdom.
He stressed that the government will continue its efforts to enhance the business environment and implement many initiatives and programmes that will give priority to citizens in the labour market.
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