In conversation: Fiscal balance - Future Investment Initiative 2018 - Day 3

The discussion on fiscal balance emphasizes the importance of managing revenue and expenditure to achieve sustainability and growth. Both ministers highlight the need for transparent, efficient, and sustainable fiscal policies to support economic development and inclusivity. They stress the impact of fiscal balance on society, including the ability to invest in education, healthcare, and infrastructure. The program's results in Bahrain show a reduction in the budget deficit through disciplined fiscal balance programs and increased non-oil revenue. The conversation also delves into the impact of fiscal balance on individuals, businesses, and potential investors, emphasizing effectiveness, efficiency, and predictability. The ministers underscore the critical role of fiscal balance in promoting economic stability and creating opportunities for all members of society.