Tamkeen hails leadership call for private sector active participation

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Tamkeen Board of Directors Chairman Shaikh Mohammed bin Isa Al Khalifa lauded His Majesty King Hamad bin Isa Al Khalifa’s sound directives and the constant follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

Shaikh Mohammed also praised HRH’s Prince Salman’s leadership of the national efforts to mitigate the repercussions of the pandemic, and encouragement of enterprises to continue playing their role in developing the national economy and achieving more growth. Tamkeen’s Chief Executive Officer, Hussain Mohammed Rajab, commended the tremendous efforts exerted by Team Bahrain to combat the pandemic.

He highlighted the important role played by various private sector institutions to continue carrying out their businesses using creative and sustainable ways in dealing with the market’s changes and challenges. Rajab cited the private sector institutions’ success in turning challenges into real opportunities that have yielded positive results, contributing to the continuity of their business during the current circumstances.

Tamkeen’s Business Continuity Support Programme was first launched in March 2020, based on HM the King’s directives to support the private sector through an economic and financial stimulus package to help adversely affected sectors.

The scheme covers part of the operating expenses of enterprises in sectors that are unauthorised to carry out their commercial activities due to the precautionary measures taken to limit the spread of the COVID-19.

The programme is part of the initiatives launched by the government to support individuals and businesses during the period. During the previous four stages of the Business Continuity Support Programme, Tamkeen has supported more than 16,000 enterprises with an overall budget exceeding BD56 million.