Bahraini Prime Minister Prince Khalifa bin Salman Al Khalifa directed Thursday a specialized committee to map out visions to achieve financial balance in the short, medium and long run. Addressing a work meeting to follow up on economic issues, Prince Khalifa expressed deepest gratitude and appreciation to the Kingdom of Saudi Arabia, Kuwait and the UAE for their highly valued commitment to provide the needed support to boost the financial situation in Bahrain. He stressed that the government continues its unrelenting efforts and economic reform policies to achieve balance between revenues and expenditure and promote financial stability, BNA reported. The Premier shed light on alternatives to boost the economic situation and financial stability. HRH explained that the committee shall be headed by the Deputy Premier and Head of the Ministerial Committee for Financial Affairs and Rationalizing Expenditure, and its membership mainly by the Finance Minister and the Governor of the Central Bank of Bahrain (CBB). A vision in this regard will be submitted to the specialized committees for study in preparation for its referral to HRH the Premier to take the necessary decisions. Prince Khalifa also commended the stance of the three brotherly countries to support economic reforms and financial stability, describing it as an addition to the honorable stances of those countries towards Bahrain and an embodiment of fraternity and common destiny in their deepest sense, BNA added. He reiterated the government’s support to continue boosting sustainability of the government’s funding and building monetary reserves that enhance financial stability and support the national economy. HRH was briefed by the Finance Minister and CBB Governor on the economic and financial situation and alternatives to bolster the Kingdom’s economy mainly amid the current economic challenges. He directed to continue studying available alternatives and adopting visions to invigorate the economy, increase growth rates and achieve financial stability.