HE the Minister of Finance and National Economy participates in the World Bank Human Capital Project meeting

Manama, Oct. 18 (BNA): The Minister of Finance and National Economy, His Excellency Shaikh Salman bin Khalifa Al Khalifa, participated in the World Bank Human Capital Project meeting in Washington D.C., as part of the Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. During the session, HE Shaikh Salman highlighted Bahrain’s unique value proposition within the region, based on human capital, robust and dynamic regulation, and regional connectivity. HE Shaikh Salman stressed that Bahrain has placed human capital at the heart of national development efforts for decades, emphasising Bahrain’s high rankings in this respect, in addition to its commitment to accelerating sustainable socio-economic development. HE noted that Bahrain was the first country in the Gulf region to establish formal schooling a hundred years ago and how Bahrain provides a health service system that supports social and economic development. In this regard, HE added that these are key pillars to grow and sustain effective human capital and drive economic growth. The Minister of Finance and National Economy explained that the Kingdom of Bahrain is one of the leading countries in education and continues to develop the education sector to contribute to achieving outcomes based on creativity, innovation and the development of national cadres. His Excellency also pointed out that the results achieved in the health sector were the result of a series of innovative and ground-breaking projects to improve public health, which contributed to maintaining the Kingdom of Bahrain's distinguished position in global human development indicators. HE the Minister underscored Bahrain’s commitment to women’s advancement, underlining the central role the Supreme Council for Women plays in furthering women’s advancement alongside other inter-governmental authorities and reinforcing the contribution of women to the Kingdom’s national development.