Manama, Feb. 20 (BNA): His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today chaired the weekly Cabinet Meeting at Gudaibiya Palace.
The Cabinet highlighted the importance of the talks held between His Majesty King Hamad bin Isa Al Khalifa and the President of Hungary, HE Katalin Novák, for furthering Bahrain-Hungary relations.
The Cabinet emphasised the importance of The Isa Award for Services to Humanity in promoting global humanitarian efforts in memory of the late Emir, Shaikh Isa bin Salman Al Khalifa. In this regard, the Cabinet noted the high turnout of the Isa Award’s 5th edition.
The Cabinet also noted the importance of the Middle East Oil, Gas, and Geosciences Show (MEOS GEO), held in the Kingdom of Bahrain, and commented that the conference provides a platform for innovative solutions in the sector.
The Cabinet commended the Bahrain Mixed Martial Arts Federation for winning the world championship, which is further proof of the Kingdom’s wide-ranging achievements in sports.
The Cabinet extended its congratulations to the Kingdom of Saudi Arabia on the anniversary of its Founding Day and noted Saudi Arabia’s progress and development, led by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and supported by its Crown Prince and Prime Minister, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud.
The Cabinet congratulated the Leadership, government, and people of the State of Kuwait on its 62nd National Day and its 32nd Liberation Day. The Cabinet noted Kuwait’s progress and development, led by the Emir of Kuwait, His Highness Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, and supported by its Crown Prince, His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah.
The Cabinet discussed several memorandums during the meeting with the following outcomes:
The approval of the following memorandums:
1. A memorandum submitted by the Ministerial Committee for Legal and Legislative Affairs regarding several draft laws aimed at advancing the Kingdom’s tourism and real estate sectors.
2. A memorandum submitted by the Ministerial Committee for Legal and Legislative Affairs regarding an MoU between the Ministry of Health and the Royal College of Surgeons of Edinburgh in dentistry.
3. A memorandum submitted by the Ministerial Committee for Legal and Legislative Affairs regarding a draft decision to establish and form a cooperation committee between the Capital Municipal Council, municipal councils, and government authorities.
4. A memorandum submitted by the Ministerial Committee for Financial and Economic Affairs and Fiscal Balance regarding the continuation of initiatives implemented in 2021-2022 to enhance the Kingdom’s regional and global competitiveness in the aviation sector.
The Cabinet reviewed a memorandum submitted by the Ministerial Committee for Financial and Economic Affairs and Fiscal Balance regarding the preliminary financial outcomes for the fiscal year 2022. The memorandum outlined an increase in total public revenues, in comparison to the financial outcomes for the fiscal year 2021, which is in line with the Kingdom’s commitment to implement economic and development priorities and programmes. The data further revealed compliance in actual expenditures with the levels in the state budget for the fiscal year 2022, which contributed to reducing the total fiscal deficit by 85% compared to the deficit estimated in the budget to BHD 178 million for the fiscal year 2022.
The Cabinet then took note of ministerial reports regarding:
The visit of the Minister of State for the Middle East, North Africa, South Asia, and United Nations at the Foreign, Commonwealth & Development Office to the Kingdom of Bahrain
Outcomes of the Kingdom’s participation in:
The Seventh Annual Arab Fiscal Forum
The 9th session of World Government Summit
The Al Quds conference
The Second edition of Arab Meeting for Young Leaders
Source: Bahrain News Agency