UAE, Saudi Arabia, Kuwait reaffirm commitment to Bahrain

Manama: The Ministers of Finance of the UAE, Saudi Arabia and Kuwait on Wednesday reaffirmed their countries’ commitment to support the financial stability in Bahrain.

In a meeting held in Manama, the finance ministers reiterated their support to strengthening the stability of public finances and the stimulation of Bahrain’s economic growth. This will be done through a programme designed to achieve  financial stability between between expenditure and government revenues in accordance with performance criteria and indicators for its implementation.

The move is in line with the fraternal ties and constructive cooperation between the four countries.

During the meeting the four ministers of finance reviewed a report prepared by the joint technical team of the four countries in coordination with the International Monetary Fund.