MP calls for emulation of Saudi five-year plans example

August 12, 2010
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A Bahraini lawmaker has called for the adoption of medium-term development plans to help implement the country’s economic vision 2030.

“Bahrain should emulate the Saudi example of five-year plans to enable private sector investors to gain greater insights into the country’s investment orientations and implementations,” Jassem Husain, MP representing Al Wefaq, the country’s largest parliamentary bloc, said. “Saudi Arabia has the world’s 23rd largest economy, tops the Arab economies and is the only Arab country in the G20. This week, it announced a $385 billion (Dh1.4 trillion) five-year development plan to improve living standards and provide greater employment opportunities,” he said.

Jassem said that the Saudi plan included several positive developments and as such should be emulated.

“We have in Bahrain a strategy for the economy, but we need further details that will help serve the national economy,” Jassem said. “We need to have a five-year plan and an annual budget to implement the plan instead of the current two years,” said Jassem, a candidate for another term at the lower chamber.

         

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About the author

Born August 3, 1960 in Monastir, Tunisia
Career
Media career:
  • ABC News (Tunisia)
  • Bahrain Tribune
  • Gulf News
  • Bahrain Television News
Teaching career:
  • Monastir (Tunisia)
  • University of Bahrain
Education
  • MA  Mass Communications, University of Leicester
  • BA  in English & US literature and studies, University of Tunis

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