Tag Archives: Bin Touq

Interim Committee responsible for the coordination and follow up with regard to the implementation of the flexible package and the general plan consisting of 33 initiatives to support the economic sectors, held a virtual meeting. The Committee approved the initiative’s implementation plan, which is divided into three main phases. The first phase aims to provide immediate support for business sectors and the economy through 15 major initiatives, while the second phase is to launch complementary support for sectors to enable rapid economic recovery. The third phase will provide integrated support to vital sectors and will open up a sustainable and flexible development path for the economy and future. The Committee approved six main work streams to implement the initiatives packages which include: empowering the new economy and developing priority sectors; opening new markets locally and internationally; providing financing support and facilitating lending; tourism promotion; attracting and retaining talent; and stimulating innovation. H.E. Abdulla Bin Touq Al Marri said, “In light of the unlimited support and the guidance from our wise leadership, since the spread of the COVID- 19 pandemic until today, we have come a long way in driving forward economic recovery efforts, working on business continuity in many vital sectors in the country and supporting the private sector and stimulating trade and investment by following up the implementation of the first phase of the package of initiatives, led by a vision to work in a way that balances public health and economy. Bin Touq added, “Through the Interim Committee, we continue to implement the 33 initiatives packages designed to enhance the growth, sustainability and competitiveness of the country’s economic sectors.” Following up on the implementation of initiatives, the Committee …

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