Kuwait Fund for Arab Economic Development

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2 Kuwait Fund for Arab Economic Development (The first development establishment in the Arab World) The foundation of Kuwait Fund for Arab Economic Development was announced in December as an initiative of The late Amir of Kuwait His Highness Sheikh Jaber Al Ahmed Al Sabah, who was the Minister of Finance then, to be the first development established by the State of Kuwait after its independence in order to grant financial assistances to Arab and Islamic countries in the world. The foundation of the Fund in this early time was as an announcement of the State of Kuwait s interest to help developing countries by means of extending the available loans necessary to execute economic and social development programs in the same based on proper technical and economic bases. The Fund achieved a high position for itself among regional and international development establishments due to its significant role in this field. The Kuwait Fund s activities extend to numerous and various parts of the world. It contributes to the development projects submitted by Arab countries and countries in Africa, Asia, Europe, Latin America and the Caribbean Sea. Its activities also extended to finance development projects in different sectors of the economies of such countries such as transport, telecommunication, agriculture, energy, industry and water and sewerage sectors. In addition to the Fund s activities related to extension of loans, the Fund also extended technical assistances to finance exploratory projects which help to specify the chances of the productive energies construction and provision of grants & technical assistances extended by the Fund since its foundation is assistance with a total value of millions US$ Kuwait Fund activities was not limited to participation in financing the projects but also extended from another side to represent the State of Kuwait in the membership of the regional and international development participated in the reimbursement of the State of Kuwait s share un the Capital of such establishment in order to increase the available resources of such establishment in order lend developing countries.

3 Loans for Islamic Countries up to 0/0/00 No Country Name No. of Loans Amount US$ Republic of Tunisia,,0 Dem. And Popular Rep. Of Algeria,, Syrian Arab Republic,,0, Yemen Republic,, Republic of Lebanon,,0 The Hashemite Kingdom of Jordan,, Kingdom of Morocco,,, Democratic Rep. of Sudan,0, Somali Democratic Rep. 0,0,0 0 Republic of Iraq,0, Federal Islamic Rep. of the Comoro,, Republic of Djibouti,0, Arab Republic of Egypt,,0, Islamic Rep. of Mauritania,, Sultanate of Oman,,0 Kingdom of Bahrain,, Bosnia and Herzogovina,, Republic of Turkey 0,, Azerbijan,0, 0 Republic of Albania,, Uzbekistan,0,

4 Turkmenistan, Kyrgyzstan,,0 Kazakhstan,, Democratic Rep. of Afghanistan,, Republic of Indonesia 00,, Republic of Maldives 0,,0 Islamic Rep. of Pakistan,, People s Rep. of Bangladesh 0,00, 0 Malaysia,,0 Burkina Faso,, Rep. of Senegal 0,,00 Gabonese Republic,00,000 United Rep. of Cameroon,,0 Rep. of the Niger,, People s Rep. of Benin 0,, Republic of Chad,, Republic of Togo,, Rep. of Sierra Leone,, 0 Rep. of the Gambia,,0 Rep. Of Guinea,,00 Rep. of Guinea-Bissau,0, Rep. of Mali,, Rep. of Uganda,0, People s Rep. of Mozambique,0, Total,,0,

5 Grants for Islamic Countries up to 0/0/00 No Country Name No. of Grants Amount US$ Kingdom of Bahrain Federal Islamic Rep. of the Comoro Republic of Djibouti Arab Republic of Egypt The Hashemite Kingdom of Jordan State of Kuwait Republic of Lebanon Islamic Rep. of Mauritania Kingdom of Morocco Yemen Republic Sultanate of Oman Palestine Somali Democratic Rep. Democratic Rep. of Sudan Syrian Arab Republic Azerbajan Kazakhstan Turkmenistan Uzbekistan Bosnia and Herzcgovina Democratic Rep. of Afghanistan People s Rep. of Bangladesh Republic of Maldives Republic of Chad Republic of Gabon Republic of The Gambia Republic of The Gunia Republic of Guinea-Bissau Republic of Mali Republic of the Niger Republic of Senegal Republic of Togo Burkina faso People s Rep. of Mozambique Republic of Ugnada Albania Total 0 0,,,, 0,,0,,,,,,,,,,0,000,,0,,000,000,,0,,,,000,0,00,,,,0,,00,,0,,,0 0,,000,,,0,,0,,0,,0,,,00,00,000,,,0,00,000,,

6 No Government Grant Up to 0/0/00 Country Name No. of Grants Amount US$ Republic of Djibouti,0, Arab Republic of Egypt,0, Islamic Rep. of Mauritania 0,,0 Yemen Republic 0,, Syrian Arab Republic,, Palestine,000,000 Federal Islamic Rep. of the Comoro,, Dem. and popular Republic of Algeria 0,000,000 Republic of Lebanon 0,,0 0 Republic of The Iraq 0,000,000 Burkina faso,,000 Republic of Senegal,,000 Republic of Gabon,, Republic of Guinea-Bissau,,000 Republic of Mali,0, Republic of Chad,,000 Cape Verde,0,0 Kazakhstan 0,000,000 Mauritius 0,000 0 Swaziland,00,000 Congo, D.R,, Mongolia,000,000 Total,,0

7 Basic Information on Kuwait Fund as of 0/0/00 Statutory Capital & Paid UP Loan Commitment Total disbursements of Loans Total Repayments of Loans Amount of Kuwait Fund Grants Amounts of Technical Assistance Amounts of Technical Assistance Number of Loans Proflle Number of Beneficisry Countries (Loans) Number of Kuwait Fund Grants Number of Technical Assistance Number of Kuwait Government Grants Number of Beneficiary Countries and Institutions (K.F.Grants) Number of Beneficiary Countries and Institutions (Tech.Assistance) Number of Beneficiary Countries and Institutions ( Kuwait Govt. Grants) US$ (million)