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Several economic sectors can contribute to economic growth provided that joint efforts are made, Essid added.
It is aimed at to promote academia-industry collaboration in business and the economic sector for the benefit of the 2 countries.
based International Finance Corporation (IFC) and the Myanmar Government will come together to provide full electricity, very much required to create the job opportunities aiming at strengthening development of the country s economic sector.
Adding the Islamic economic sector to a slew of the essential economic sectors that compose our strong national economy in pursuance of the directives of Shaikh Mohammed represents a logical step under the leading position of the emirate to this sector at the international level," he said.
At the beginning of the meeting, al-Khunji highlighted the position reached by OCCI and its growing role in developing the economic sector in the Sultanate represented in the participation of the private sector in the development plans.
Following tough negotiations with the General Workers Confederation (GWC), the country's largest labor union, and representatives of the economic sector, the Cabinet agreed late Tuesday night to increase the minimum wage However, the wage deal has been rejected by representatives of the economic sectors who have called on Prime Minister Najib Mikati to revoke the government's decision to raise salaries.
Accordingly, the Economic Sector recommend referring the Matrix of the Sector's Technical Committee for further study and review.
The Economic Sector has recommended direction of expendure towards the productive sectors to increase exports, replace imports and to achieve self- sufficiency.
During the meeting, they reviewed many issues and topics of public affairs and economic development in the country, noting the steady growth witnessed by the commercial and industrial sector in the Kingdom and positive role played by the Royal Court in order to provide all aspects of support to the economic sector in the country.
The BCCI yesterday issued a statement voicing reserves regarding some articles of the law which may affect the economic sector and compromise Bahrainis' status in the labour market.
8 (SUNA)- Vice - President of the Republic, Hassabo Mohamed Abdul-Rahman, has reiterated the government commitment to increase the agricultural productivity, announcing that the committee of the economic sector will start preparation for the new agricultural sector this week.