A leading Bahraini businessman Yousuf Mish’al emphasized that the economic axis during the session of national consensus dialogue witnessed proposals of views and visions related to boosting economic competitiveness and focused on the significance of creating a planning ministry in order to prepare clear-cut strategies within Bahrain Vision 2030 which is considered the economic constitution of the Kingdom of Bahrain.
Mish’al said in a special statement to Bahrain News Agency after the first evening session that planning ensures safe and appropriate thinking to local and overseas investors.
He also explained that the economic boom and political stability are two faces of the same coin whereas economic growth requires a stable and safe environment nevertheless demonstrations damage the Bahraini economy particularly if organized in the financial and commercial hub in the Capital City Manama.
He also revealed that he requested the creation of a special Royal Commission to study all the laws and legislations whether are issued by the government , the National Assembly i.e. the Shura Council and Parliament and to discuss appropriateness of the outcomes of the Bahrain Vision 2030.
He also added that the participants in the session have tabled the issue of creating another law for real estate development in order to protect investors and investments and the necessity to develop the tourism sector in addition to diversification of the sources of income.
He cited the significance of activation of the private sector in cooperation with the government as the private sector is considered a driving force in the economy.