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Kuwait, Saudi Arabia, UAE affirm support to Bahrain public financial stability

MANAMA, Aug 15 (KUNA) -- Finance ministers of Kuwait, Saudi Arabia, the United Arab Emirates and Bahrain, affirmed in a joint statement Wednesday on their commitment to support public finances stability in Bahrain and to continue to stimulate economic growth through the implementation of a program to achieve fiscal balance between expenditure and government revenues.
A joint statement quoted by Bahrain news agency (BNA), said the ministers held a meeting in Manama, during which they reviewed a report prepared by the joint technical team of those countries in coordination with the Arab Monetary Fund, including the program to achieve financial balance.
The statement noted that this comes due to the strong bond and ties between the four countries, constructive cooperation, and common destiny, adding that all options will be available to provide support needed finalize the strategic plan of an integrated program, which would enhance the stability of public finances in the kingdom. (end) hmd.mb