Bahrain PM highlights steps to protect economy.Byline: Manama ManamaArabic Al-Manamah City (pop., 2001: 143,035), capital of Bahrain. Situated at the northeastern tip of Bahrain island, it is Bahrain's largest city, with about one-fifth of the emirate's population. (Image: premier.gif ) Bahrain's Prime Minister on Tuesday acted to protect the kingdom's economy from fallout fallout, minute particles of radioactive material produced by nuclear explosions (see atomic bomb; hydrogen bomb; Chernobyl) or by discharge from nuclear-power or atomic installations and scattered throughout the earth's atmosphere by winds and convection currents. of the global cash crisis. Prime Minister Shaikh Khalifa bin Salman Al Khalifa reviewed at his court in Riffa the impact of the global financial crisis and procedures underway to cushion Cushion In the context of project financing, the extra amount of net cash flow remaining after expected debt service. cushion See call protection. the kingdom, said a report in our sister publication, the Gulf Daily News. During a meeting with Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa, the Premier was briefed on latest developments. He followed up on the safety of banks and financial establishments in the kingdom along with the general economy. The Finance Minister briefed him on the annual international funds and bank reports. The Prime Minister highlighted various steps undertaken by the government aimed at protecting the financial system and its ability to withstand economic turmoil. He gave directives to economic bodies to follow up constantly on any developments related to the world economy and compile To translate a program written in a high-level programming language into machine language. See compiler. reports. He said the government would utilise these reports to take preventive preventive /pre·ven·tive/ (pre-vent´iv) prophylactic. pre·ven·tive or pre·ven·ta·tive adj. Preventing or slowing the course of an illness or disease; prophylactic. n. measures based on world studies. - TradeArabia News Service Copyright 2008 www.tradearabia.com Copyright 2008 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
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