The Fund Board of Directors held its 3rd Session for the year 2002 on Wednesday 30th October, 2002. The Board approved the following at its session:
Minutes of it’s 2nd Session held on Saturday, 4th May, 2002 and approved on 20th May, 2002.
A loan of KD 2.3 million to finance the Bakel Agricultural Development Project in the Republic of Senegal.
A loan of KD 10.8 million to finance the Yulin- Jingbian Expressway Project in the People’s Republic of China.
A loan of KD 15.4 million to finance the School Facility in Beirut Area in the Republic of Lebanon.
A loan of KD 6.0 million to finance the Erdenet- Bulgan- Unt Road Project in Mongolia.
A loan of KD 5.9 million to finance the Karshi Pumping Cascade Rehabilitation Project (Phase I) in the Republic of Uzbekistan.
A loan of KD 30 million to finance the Nobareya Power Generating Station (Phase I) in the Arab Republic of Egypt.
A loan of KD 3.6 million to finance the Bobo Dioulasso – Dedougou Road Project in Burkina Faso.
Supplementary loan of KD 1.9 million to finance Sylhet-Tamabil-Jaflong Road Project (K.F. Loan No. 509) in the People’s Republic of Bangladesh.
Amendment of the Project Description and List of Goods for Loan No. 544 signed on 21.6.1998 for Winter Pumping of Al-Sinn Spring Water Project in the Syrian Arab Republic.
Technical Assistance of KD 40,000 for Hiring an Economic Expert for the Ministry of Planning in the Republic of Niger.
Technical Assistance of KD 100,000 for the preparation of Feasibility Studies, economic and technical, and detailed design for the rural and agricultural Road Project in St. Lucia.
Acknowledgement of the cancellation of Loan No. 583 signed on 6.11.1999 for the Development of Port of Djibouti (4th Phase).
Acknowledgement of the cancellation of Loan No. 362 signed on 11.5.1989 for Village Water Project in “Grand Comore Island” in the Federal Islamic Republic of the Comoros.
Acknowledgement of the cancellation of Loan No. 317 signed on 25.3.1987 for Sibi-Kahan-Kohlo-Rakhni Road Project in the Islamic Republic of Pakistan.
Renewal of the external Auditor Contract for the Fiscal Year 2002-2003.
The Estimated Budget of the Kuwait Fund for the Fiscal Year 2003-2004.
Acknowledgement of the circulated Decision No. 1 for the year 2002 in respect of the approval of the Auditor’s Report for the Fiscal Year ended March 31, 2002.
