Bahrain's National Dialogue Implementation Committee Advances Momentum for Reforms

MANAMA, Bahrain, Aug. 17, 2011 /PRNewswire-USNewswire/ -- Yesterday, Bahrain's National Dialogue implementation committee met for an update on initiatives currently underway and to discuss best practices for ensuring the progression of future reforms.

The Bahraini government has begun aggressively implementing a number of important reforms agreed to during the National Dialogue. These include raising minimum wages and pension, speeding up the Labor Law approval and enacting new laws to regulate and manage state property. Next, the government will establish a process to ensure food subsidies reach those in need. Included in the plan will be a four-year study to assess the results and guarantee the program's effectiveness.

Future initiatives resulting from the National Dialogue involve consolidating economic openness in the domestic market, activating the role of the office for the protection of intellectual property rights and patents, promoting Bahrain as an economic hub, opening economic offices in major world capital, developing of mechanisms to monitor spending at ministries and government agencies, reducing allowances, diversifying income sources and increasing non-oil revenues.

SOURCE Kingdom of Bahrain

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