Bahrain's Labor Minister Jamil bin Muhammad Ali Humaidan underscored the international community’s confidence in the Kingdom's public aimed at sustaining growth in the labor market.
Humaidan's statements highlighted the indicators revealed by the International Monetary Fund (IMF) in its latest report, which expected unemployment rate in Bahrain to drop to 4.4% during 2023.
He said the report was issued "by an independent and prestigious international body that relies on scientific approach in analyzing economic data and indicators," stressing that this is a factor that enhances the kingdom’s "position as an investment destination and a distinguished incubator for business environments."
The minister praised the cooperation between the IMF and Bahrain, and periodic meetings held by the fund with economic and labour authorities in the kingdom, state news agency BNA reported.
Humaidan stressed that the government will continue its efforts to enhance the business environment and implement many initiatives and programs that will enhance preference and give priority to citizens in the labor market.
He also affirmed that "all relevant authorities work to continue building on the achievements made in this regard to sustain the growth of employment rates in Bahrain."
