Economic Vision 2030

Plan Type: Vision

Member State: Bahrain

Coverage Period: -

Document Language: English

SDGs:
GOAL 3: Good Health and Well-being GOAL 4: Quality Education GOAL 8: Decent Work and Economic Growth GOAL 9: Industry, Innovation and Infrastructure GOAL 10: Reduced Inequalities GOAL 11: Sustainable Cities and Communities Goal 16: Peace, Justice and Strong Institutions

Economic Vision 2030

January 2008

The Economic Vision 2030 provides guidelines for Bahrain to become a global country model that can offer its citizens better living standards as a result of increased employment and higher wages in a safe and secure living environment. This document assesses Bahrain’s current challenges and opportunities, identifies principles that will guide its choices, and voices its aspirations.

Pillars & Objectives

Pillar: Economy
Objectives:
  • Bahrain stimulates growth by enhancing productivity and skills
  • Bahrain diversifies and builds the economy by focusing on existing high-potential sectors
  • Bahrain transforms the economy in the long term by capturing emerging opportunities
Pillar: Government
Objectives:
  • The government focuses on developing high-quality policies
  • The public sector becomes more productive and is accountable for delivering better-quality services
  • A predictable, transparent and fairly enforced regulatory system facilitates economic growth
  • The sustainability of government finances is strengthened by reducing dependence on oil revenues to fund current expenditure
  • A world-class infrastructure links Bahrain to the global economy
Pillar: Society
Objectives:
  • A high standard of social assistance gives all Bahrainis an equal start
  • All Bahraini nationals and residents have access to quality health care
  • A first-rate education system enables all Bahrainis to fulfil their ambitions
  • A safe and secure environment is key to social development
  • Bahraini nationals and residents enjoy a sustainable and attractive living environment