The Fund's Board of Directors held its 2^nd Session for the year 2014 on Monday May 19, 2014.  The Board considered the Minutes of its First Session for the year 2014 held on March 12, 2014 and authenticated on March 25, 2014.  The Board considered the Minutes of the First Session for the year 2014 of the Board's Investment Committee held on March 23, 2014 and the Minutes of the Joint Meeting of the Board's Investment and Internal Audit Committee held on March 23, 2014.  The Board also considered the Minutes of the 2^nd Session for the year 2014 of the Board's Internal Audit Committee held on May 18, 2014.  The Board also approved the Fund's closing Account statement and External Audit Report for the Fiscal Year ended on March 31, 2014. 

The Board in its Session approved the following:

A 2^nd Loan in the amount of 6 million Kuwaiti Dinars for the participation in financing the Transmission and Distribution Networks Upgrading in Aden (Almansora-Khor Maksar Al-Kusaf) Project in the Republic of Yemen.

A Loan in the amount of 10 million Kuwaiti Dinars for the participation in financing the Potable Water Supply in Districts of Same and Mwanga Project in the United Republic of Tanzania.

A Kuwait Fund's Grant in the amount of 2.5 million US Dollars for the participation in financing the operations of the Roll Back Malaria Partnership Programme for the years 2015 - 2020.