MDG Progress Work 2004 - 2007 in Kingdom of Bahrain
The Kingdom of Bahrain believes in the importance of the Millennium Development Goals (MDGs), since they correspond to its foundations and objectives. In the process of progressing towards achieving the MDGs, Bahrain takes into consideration the special circumstances and conditions, human and economic capacities, and degree of development reached.
Bahrain has followed a policy of diversifying sources of income and expanding heavy and transformational industries such as aluminum and petrochemicals, as well as financial and banking services, and tourism. Bahrain has made great steps toward ensuring economic stability, enhancing the role of the private sec- tor, and making use of the surplus to promote development and the diversification of income sources. These developments have come in light of the economic revival witnessed in the region, supported by oil revenues and high liquidity, thus reinforcing treasury revenues and allowing ample room for expenditures on capital projects and infrastructure. All of these factors have helped to revive the various economic sectors.
- Global definition of extreme poverty, is zero in the Kingdom of Bahrain
- The Kingdom has made considerable progress in combating illiteracy, especially in young people, with a literacy rate of nearly 100%
- Empowering women and achieving gender equality in education and public positions