Vision 2030, a masterplan for a new Bahrain, has been unveiled by King Hamad.
The blueprint will turn Bahrain into a meritocracy, with hugely improved standards of living, higher wages and greater disposable incomes for Bahraini families, he said.
Government will be radically reformed to allow the private sector to take over the reins of the economy, with a leaner, more efficient civil service, Gulf Daily News reported on Friday.
An equal start in life for all Bahrainis, with improved social welfare, health and education services, is promised under the strategy, drawn up by the Economic Development Board (EDB).
It aims to create an economy independent of oil revenue, which could then be used for the benefit of future generations, such as for education and healthcare.