BCCI, IMF delegates discuss Bahrain’s economic situation

Chairman of the Bahrain Chamber of Commerce and Industry Khalid Almoayed and a number of board members received a delegation from the International Monetary Fund (IMF) headed by Deputy Division Chief and Mission Chief for Bahrain Padamja Khandelwal in Bait Al Tijjar yesterday.

The meeting centred on the economic outlook of Bahrain, especially in light of the current economic challenges due to the drop on oil prices.

They also deliberated on means of invigorating the national economy.

During the meeting, Almoayed expressed optimism of the economic outlook and the ability of Bahrain to overcome this hardship. He called the current situation an inevitable cycle and an opportunity to further strengthen the national economy.