http://www.english.hadhramaut.info $ 50 mln Kuwaiti social fund project contribution [The Source: www.sabanews.net - 22/2/2009] Director General of Kuwait Development Fund Abdul Wahab Ahmed al-Badr said that the Fund will contribute to financing the 3rd phase of Social Fund Project in Yemen with $50 million from the $900 million total amount of the project.
Upon his arrival on Saturday in Sana'a, al-Badr considered the Project, which a number of donors would contribute to its implementation beside Kuwait, an optimistic step because of its support employees and providing of more projects and work opportunities for Yemeni society.
Al-Badr identified this project as first sign for what was agreed on during Yemeni-Kuwaiti committee foundation meeting in the beginning of current month and one of projects which is to be implemented by the fund, in addition to a number of small enterprises that would use the Yemeni national economy.