Fund’s Board of Directors held its 2nd Session for the year 2011 on
Monday, 30/05/2011.The Board perused at
its session the Minutes of it’s 1st Session of the Board for the
year 2011 held on 20/03/2011 and authenticated on 30/03/2011. The Board also perused the Minutes
of the2nd Session for the year
2011 for the Board’s Internal Audit Committee held on 29/11/2011
Board approved in its Session the following:
1-Final account and report of the auditors for
the fiscal year ended on March 31, 2011.
2-A Loan in the amount of 30 million K.D. to financethe Jibrin–Abri Road project in theSultanate ofOman.
3-A Loan in the amount of 11 million K.D. to financethe Drinking WaterDistribution Network Project inNouakchott in the Islamic Republicof
4-A Supplementary Loan in the amount of 1.450 million K.D. tofinance theestablishment
oftwo institutes for theAgricultural Science and Technologyin the
provinces ofManica and Gaza andamend theLoan AgreementNo.(730), signed on
10/10/2006in theRepublic ofMozambique.
5-A proposalto grantend ofservicebonusto
the Kuwaiti employeesof the Fund.