03 FRIDAY, JUNE 7, 2019 big story Global financial bodies back ‘Peace for Prosperity’ meet International Monetary Fund confirmed it and other institutions would be present

and Europe aimed partly at “The Palestinian people, along Peace conference drumming up support for the with all people in the Middle • “Peace for Prosperity” confer- East, deserve a future with dig- from June 25 to 26 ence intended to unveil the eco- nity and the opportunity to bet- nomic part of Trump’s long-her- ter their lives,” Kushner, said in IMF and other alded peace plan. a statement “Economic progress institutions• confirm and the United can only be achieved with a solid presence Arab Emirates assured the Pales- economic vision and if the core tinians they would not endorse The conference serves Economic progress This workshop will political issues are resolved.” a US plan that fails to meet their Trump’s office said the confer- World Bank said no other purpose can only be achieved engage leaders main demands. than to help the with a solid economic ence was a “pivotal opportunity... “expects• to participate” The Saudi minister of econ- from across the to share ideas, discuss strategies, omy and planning will attend, Palestinian people vision and if the core entire Middle and galvanise support for poten- through developing political issues are TDT | Manama state news agency SPA reported. East to promote tial economic investments and The UAE Ministry of Foreign their abilities and resolved economic growth initiatives that could be made Affairs and International Coop- enhancing their and opportunity for possible by a peace agreement”. lobal financial bodies eration said Abu Dhabi would Separately, State Department resources the people in this have thrown their weight also send a delegation. spokeswoman Morgan Ortagus SHAIKH KHALID BIN AHMED BIN MOHAM- US PRESIDENT ’S SON-IN- important region behind the peace confer- Bahrain’s Minister of For- MED AL KHALIFA confirmed, “We are not antici- G LAW AND ADVISER US SECRETARY OF THE TREASURY STEVEN ence the Kingdom of Bahrain eign Affairs, Shaikh Khalid bin pating any changes. It’s set for MINISTER OF FOREIGN AFFAIRS MNUCHIN is co-hosting later this month Ahmed bin Mohammed Al Khal- June 25 and 26.” with the US aimed at helping the ifa, said the conference “serves capital, and facilitation of Palestinians. no other purpose” than to help rapid private-sector growth. The International Monetary the Palestinian people “through “If implemented, this vision Fund (IMF), which has been op- developing their abilities and has the potential to radically erating in the West Bank and enhancing their resources”. transform lives and put the Gaza since 1995, confirmed it The Kingdom “remains sup- region on a path toward a and other institutions would be portive of the brotherly Pales- brighter future.” present in Manama from June tinian people in restoring their US Secretary of the Treas- 25-26 for the meeting. legitimate rights on their land ury Steven Mnuchin said he “The IMF has been invited to as well as establishing an inde- looks forward to “these im- the meeting and expects to at- pendent state with east Jerusa- portant discussions about a tend, along with other interna- lem as its capital,” the minister vision that will offer Pales- tional financial institutions,” a said in a statement. tinians exciting new oppor- representative said. tunities to realise their full The European Bank for Re- Focus on economy potential.” “This workshop construction and Development The conference focuses on the will engage leaders from (EBRD) confirmed it would have economic aspects of the long-de- across the entire “someone” representing it. layed US peace plan, with the to promote economic growth A World Bank spokesman said declared aim of achieving Pal- and opportunity for the peo- it had an invitation “and expects estinian prosperity. ple in this important region,” to participate”. Shaikh Khalid assured that he said. Dubbed “Peace for Prosperi- Bahrain will continue support- In a joint statement with ty”, the conference is expected ing the Palestinian economy, Bahrain, the White House to bring together leaders from both at the bilateral level and said the gathering will give several governments, civil soci- international forums. government, civil and busi- ety and the business sector. According to a statement car- ness leaders a chance to rally Lenders and development ried by Bahrain News Agency support for economic initi- banks have long played a stabilis- (BNA), “Peace to Prosperity” will atives. ing role, providing loans, credit facilitate discussions on an am- Jared Kushner, President guarantees, and policy advice to bitious, achievable vision and Donald Trump’s son-in-law the Western-backed Palestinian framework for a prosperous fu- and adviser, had been prepar- Authority (PA). ture for the Palestinian people ing for months to unveil the White House senior adviser and the region, including en- peace plan. The plan is aimed Jared Kushner this week con- hancements to economic gov- at providing economic oppor- Fees : BD 700/- only Fees : BD 700/- only cluded a trip to the Middle East ernance, development of human tunities for the Palestinians.

Duration - 10 Months [ 3 semesters, 3 model exams]

Palestinian worshippers perform the morning prayer to celebrate Eid al-Fitr, which marks the end of the holy fasting month of Ramadan, in Gaza City - AFP

DTN_03_03082018.pdf