BAHRAIN HAS BEEN ABLE, THANKS TO THE WISE LEADERSHIP OF HIS MAJESTY KING HAMAD BIN ISA AL KHALIFA, TO WITHSTAND THE APOGEE OF THE GLOBAL FINANCIAL CRISIS LAST YEAR, HIS ROYAL HIGHNESS CROWN PRINCE SALMAN BIN HAMAD AL KHALIFA, THE ECONOMIC DEVELOPMENT BOARD (EDB) CHAIRMAN, SAID AS HE LISTENED TO A DETAILED PRESENTATION ON THE KINGDOM'S ECONOMIC OUTLOOK AMID THE GLOBAL DOWNTURN.
HE ALSO URGED THOSE IN CHARGE OF FINANCIAL AND ECONOMIC MANAGEMENT TO BE CAUTIOUS IN ALL DECISIONS TO SAFEGUARD FINANCIAL AND ECONOMIC STABILITY IN BAHRAIN. THE KINGDOM'S ECONOMIC STRATEGY WILL GO AHEAD, GOD WILLING, WITH THE SAME MOMENTUM BASED ON THINKING, STUDY AND CAREFUL PLANNING, HE SAID. THEN, HRH THE CROWN PRINCE LISTENED IN THE PRESENCE OF DEPUTY PREMIER SHAIKH MOHAMMED BIN MUBARAK AL KHALIFA, ROYAL COURT MINISTER SHAIKH KHALID BIN AHMED AL KHALIFA AND PREMIER'S COURT MINISTER SHAIKH KHALID BIN ABDULLAH AL KHALIFA TO DETAILED PRESENTATIONS BY FINANCE MINISTER SHAIKH AHMED BIN MOHAMMED AL KHALIFA AND CENTRAL BANK OF BAHRAIN (CBB) GOVERNOR RASHEED AL MARAJ ON THE KINGDOM'S BANKING AND FINANCIAL SITUATION, THE LATEST DEVELOPMENTS OF THE GLOBAL ECONOMIC CRISIS AND BAHRAIN'S CONTINGENCY PLAN TO AVERT ITS EFFECTS. PRESENT AT THE MEETING WERE EDB CHIEF EXECUTIVE SHAIKH MOHAMMED BIN ISA AL KHALIFA AND CROWN PRINCE COURT'S HEAD SHAIKH KHALIFA BIN DAIJ AL KHALIFA.
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