Saudi, UAE, Kuwait reaffirm support to Bahrain’s economy

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

In a meeting held in Manama, the ministers reiterated their support to strengthen the stability of public finances and the stimulation of Bahrain’s economic growth.

The move, which will be in line with constructive cooperation between the four countries, will be implemented through a programme designed to achieve financial stability between expenditure and government revenues in accordance with performance criteria and indicators for its implementation.

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