The Minister of Labor and Social Development, Jamil bin Muhammad Ali Humaidan, held a meeting with the advisory mission of the International Monetary Fund
The Minister of Labor and Social Development, Jamil bin Muhammad Ali Humaidan, held a meeting with the advisory mission of the International Monetary Fund, headed by Dr. Mahmoud Mohieldin, last Thursday via video communication technology, as they reviewed the experience of the Kingdom of Bahrain in terms of facing the repercussions of the Corona pandemic (Covid-19) and a plan Economic recovery to achieve stability and economic and social growth for the Kingdom, in addition to programs that support the stability of the labor market.
During the meeting, Humaidan reviewed the efforts made by the Kingdom of Bahrain in facing the repercussions of the Corona pandemic, and preparing for the post-pandemic phase.
Referring in this context to the economic measures taken by the Kingdom in the face of the economic and social repercussions of the pandemic, he pointed to the immediate response taken by Bahrain through the order of His Majesty King Hamad bin Isa Al Khalifa, the King of the country, may God protect him, to launch a financial and economic package in In March 2019, its value exceeded 4.5 billion Bahraini dinars, with the aim of supporting the private sector, citizens and economic sectors affected by the pandemic, stressing that these measures contributed to maintaining the stability of the national workforce in the labor market, and distanced the private sector from the specter of layoffs.
Humaidan touched on the economic recovery plan launched by the esteemed government headed by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, may God protect him, which formed a road map towards a bright economic and financial future for the Kingdom of Bahrain during the next stage, as it included five axes, including With regard to the labor market, the plan aims to employ 20,000 Bahrainis and train 10,000 annually, noting in this context that the National Program for Employment (2.0) has achieved its objectives by employing more than 26,000 citizens in 2021, a number that exceeds the target number of employment. The integration of citizens into about 6,642 operating facilities in the private sector, which confirms the ability of the labor market in the Kingdom of Bahrain to generate more job opportunities for citizens. The ministry, in cooperation with the relevant authorities, trained more than 12,000 Bahrainis during the past year, based on the importance of training and qualification to bridge the gap between education outputs and labor market requirements.