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FinancialNews
16-08-18
UAE, KSA, Kuwait pledge to support Bahrain's economy
(MENAFN) Bahrain was confirmed to have received pledges from UAE, Kuwait and Saudi Arabia to assists its economic financing needs.
The promise has been made after finance minister of the three Gulf states have reviewed Bahrain's fiscal balance programme.
The news has been declared in an official joint statement of which the Saudi Arabian Ministry of Information has issued.
It said "in light of their previous announcement to consider all options to support Bahrain and to finalise an integrated programme to enhance Bahrain's fiscal stability and economic growth, the ministers reaffirmed their countries' commitment to support the financing needs of a fiscal balance programme with targeted indicators."
MENAFN1608201800450000ID1097302437
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