Prime Minister Ahmed al-Rahawi met with Minister of Economy, Industry, and Investment Eng. Moeen al-Mahaqeri on Saturday.
During the meeting, al-Rahawi and al-Mahaqeri reviewed the overall performance of the ministry, its affiliated units, and the development programs within this vital economic sector.
The two ministers discussed ongoing preparations to improve the supply and commodity situation for the upcoming holy month of Ramadan, in coordination with the commercial sector.
They also examined localization programs for transformation industries, emphasizing their importance in fostering local industries and ensuring their protection, expansion, and prosperity.
Additionally, the officials discussed economic empowerment programs, focusing on the creation of value chains to help reduce the import bill. These value chains are crucial for supporting economic growth through the initiation of community and rural economy projects in cooperation with relevant ministries.
Prime Minister al-Rahawi highlighted the significant role of the economy, industry, and investment sectors in driving economic growth, advancing investment, and expanding national industries by utilizing local resources.
Al-Rahawi praised the successful completion of projects within this sector so far, noting that these initiatives reflect the government’s commitment to simplifying procedures and enhancing service delivery to citizens and entities.
He also underscored the importance of the ministry’s efforts, in collaboration with all concerned parties, to achieve a qualitative shift in value chain projects and further localize industries.
