Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa has emphasised the importance of enhancing international co-operation and unifying efforts to drive economic development towards greater growth and prosperity.
The minister delivered the statement yesterday on behalf of the Arab Group and the Maldives, represented by Bahrain, before the Development Committee during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington.
Shaikh Salman called for adopting a comprehensive and sustainable approach that supports economic growth, creates promising opportunities, and fosters innovative solutions and flexible strategic plans to address various economic and geopolitical challenges.
He underscored the need to optimise resource use, strengthen capabilities, and invest in human capital as an essential tool for transforming challenges into development opportunities.
He highlighted the tangible impact of the programmes and initiatives launched by the World Bank Group in supporting the needs of countries and promoting development across various sectors.
The Finance and National Economy Minister also underlined the significance of investing in clean energy technologies and enhancing their efficiency in line with sustainable development goals, emphasising the World Bank Group’s role in expanding innovation and developing strategic frameworks in this field.
Shaikh Salman commended the World Bank’s efforts in supporting development stability and called for intensified international co-operation to achieve security, stability and a more prosperous future for the region and the world.