Three Arab countries to support Bahrain's economic balance plan


(MENAFN) Saudi Arabia’s, the UAE’s, and Kuwait’s finance ministers will go on with bracing Bahrain’s Fiscal Balance Program, which intends to accomplish a composed budget by 2024.

The ministers, who assembled on Tuesday, Oct. 19, revised the development that Bahrain accomplished till this moment.

On Wednesday, Oct. 20 they reported, "The ministers affirmed their support to the Kingdom of Bahrain’s efforts in pursuing further reforms to enhance fiscal stability and strengthen sustainable economic growth.”

Bahrain disclosed its Fiscal Balance Programme at the final part of 2018 in an endeavor to reach a composed budget by next year.

It additionally gained USD10 billion in monetary backing from the Emirates, Saudi Arabia and Kuwait in 2018 to aid it in executing the scheme.

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