HM King issues RO 28/2016

01 : 55 PM - 05/06/2016 Manama, June 5 (BNA): His Majesty King Hamad bin Isa Al Khalifa issued Royal Order (RO) 28/2016 stipulating the establishment of the Higher Commission for Financial Cooperation and Coordination (HCFFCC). According to the Royal Order the Commission is formed under the chairmanship of HH Shaikh Nasser bin Hamad Al Khalifa the Representative of HM the King for Charity Works and Youth Affairs, and membership of the following: 1- The Minister of Finance. 2- The Minister of Oil. 3- The Royal Court's Minister. 4- The Director-General of the First Deputy Prime Minister (FDPM)'s Office. 5- The CEO of the Economic Development Board. 6- Abdullah bin Jihad Al-Zain. The Commission may seek assistance from relevant experts in its business. The Commission shall assume the tasks assigned by HRH the Crown Prince to its chairman. The chairman shall pass the necessary resolutions to regulate the Commission's workflow and its affairs after the approval of the Commission. The chairman shall submit periodic reports to HRH the Crown Prince including the results achieved by the Commission according to its assigned duties. This Royal Order is effective from the date of its issuance which shall be published on the Official Gazette.