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Asharq Al-Awsat
Asharq Al-Awsat
World
Manama - Asharq Al-Awsat

Saudi Arabia, UAE, Kuwait to Support Bahrain’s Financial Stability

The main entrance of The Avenue Bahrain in Manama. Hamad I Mohammed/Reuters

The ministers of finance of the UAE, Saudi Arabia, and Kuwait reaffirmed Wednesday their countries’ commitment to supporting the financial stability of Bahrain.

In a meeting held in Manama, the finance ministers reiterated their support for strengthening the stability of public finances and ways to stimulate Bahrain’s economic growth.

This will be done through a program designed to achieve financial stability 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.

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