
Kuwait confirms its keenness to support economic and social development programs in the Arab countries
- Europe and Arabs
- Sunday , 30 April 2023 11:15 AM GMT
Brussels: Europe and the Arabs
Undersecretary of the Kuwaiti Ministry of Finance, Aseel Al-Munifi, affirmed the State of Kuwait's keenness to support the work of joint Arab financial bodies with the aim of enhancing financial and economic cooperation and integration between Arab countries and supporting economic and social development programs in Arab countries.
And she said, in a statement after the conclusion of the joint annual meetings of the Arab financial institutions in Rabat, and according to the Kuwait News Agency today, Sunday, that Kuwait is keen to contribute to achieving the goals of the Arab financial institutions in order to achieve development and economic well-being for Arab countries and peoples, noting that Kuwait embraces a number of Arab financial institutions, including The Arab Fund for Economic and Social Development and the Arab Corporation for the Guarantee of Investment and Export Credit, which highlights the role they play, whether in terms of their capital contribution or support with technical staff.
Al-Munifi, who headed the Kuwaiti delegation to the annual meetings, said that the financial institutions are an example of Arab economic cooperation and integration and joint Arab action, and have made achievements in the field of financing economic and social projects in Arab countries and supporting Arab economic integration.
She stated that she chaired the meeting of the Board of Governors of the Arab Bank for Economic Development in Africa, which is one of the Arab financial bodies that play an important role in promoting financial and economic cooperation in the Arab and African regions, noting that the State of Kuwait was chosen as the governor of the bank in the next meeting.
And the Arab financial institutions concluded their annual meetings yesterday, Saturday, by selecting the heads of the councils for the next meetings and approving the reports of the boards of directors for the year 2022, as well as the final accounts, with the participation of a number of ministers of finance and economy and central bank governors in addition to financing institutions in the Arab countries with the aim of discussing financing and supporting economic and social development programs in the Arab countries. Arab countries.
Source: Middle East News Agency
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