Kuwait Fund For Arab Economic Development is the first institution in the Middle East that took an active role in the international development efforts.
The Kuwait Fund extends Loans on concessionary term to finance development projects in the developing countries. The Fund also provides technical assistance to finance the costs of the feasibility studies of projects, as well as the training of nationals of the borrowing countries. In addition, the Fund subscribes in the capital of international and regional development institutions. Today, the Kuwait Fund forms a solid bridge of friendship and solidarity between the state of Kuwait and the developing nations.
Kuwait Fund in Figures
|Number of Beneficiary Countries||105|
|Number of Loans||1013|
|Loans Commitment (Million KD)||6847|
|Loans Commitment (Million USD)||21909|
Projects in Lithuania