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Supervisor
Elham AbolFateh

Middle East

World Bank praises Kuwaiti Emir`s support in development worldwide

Friday 19/April/2019 - 04:49 PM
Kuwaits Emir Sheikh
Kuwaits Emir Sheikh Sabah al-Ahmad al- Jaber al-Sabah
Ahmad El-Assasy
The World Bank (WB) Group praised the pioneering role of Kuwait's Emir Sheikh Sabah al-Ahmad al- Jaber al-Sabah، in supporting economic and social development worldwide.

Kuwait has been generous in its support for humanitarian and development work in developing countries around the world، including its contributions to the International Development Association (IDA) and the adoption of an IBR capital increase، the report said.

The report added that Kuwait plays an important role in supporting stability in the Middle East through its direct financial support to the countries of the region، in addition to its other contributions through the Kuwait Fund for Development and other Arab funds.

Kuwait's recent hosting of the Kuwait International Conference for the Reconstruction of Iraq is a clear example of its active role in mobilizing world leaders to support peace and prosperity in the region، the report said.

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