Focus On 'Stringent Cost Controls' to Balance Budget, Says Bahrain Finance Minister

The transcript discusses Bahrain's economic strategies amid concerns of a recession. It covers the fiscal balance plan, budget deficit reduction, and financial support from neighboring countries. The conversation also touches on debt management, bond issuance, and oil price assumptions. The focus is on aligning economic growth with non-oil revenue generation while maintaining essential services and job creation.

What is the significance of the fiscal balance plan for Bahrain's economy?

How does the government plan to enhance non-oil revenue generation?

What are the expected impacts of global economic conditions on Bahrain's growth?