New economic plan urged

Manama: Bahrain has been urged to come up with a new economic plan to tackle challenges posed by the coronavirus pandemic.

Parliament’s first deputy chairman Abdulnabi Salman also stressed the need for new alliances and partnerships in a changing post-coronavirus world.

“Ambitious social and economic reforms are vital in the face of falling oil prices, unemployment, budget deficit, state debt and challenges in the housing, education and health sectors,” he said, stressing the need to turn crisis into an opportunity.

“Thinking in such a positive manner will help us advance with positive strides and create a bright future, while benefiting from the successful plans and programmes drawn up by the National Taskforce for Combating the Coronavirus,” he told our sister paper Akhbar Al Khaleej.

Mr Salman also urged the government, the legislative authority and other decision-making bodies to organise a national forum to discuss post Covid-19 challenges.

“The whole world will take great interest in providing new approaches to revive economic and social development in a sustainable and competitive manner,” he said, urging to reshape alliances and partnerships “on different and balanced bases”.

“The pandemic has created a complex reality which has made it our responsibility not to resort to traditional solutions. After coronavirus, the world will never be the same.”

Mr Salman urged academics and social and economic elites to join efforts with the government to draw up effective solutions.

 

Source: www.gdnonline.com/Details/825321/New-economic-plan-urged

 

 

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