http://www.english.hadhramaut.info PM receives Kuwait Fund director [The Source: www.sabanews.net - 23/2/2009] Prime Minister Ali Mujawar received on Sunday director of the Kuwait Fund for Arab Economic Development (KFAED) Abdul-Wahab al-Badr.
During the meeting, they discussed cooperation relations between Yemen and the fund, specially those concerning the allocation of $200 million pledged by the State of Kuwait in the London Donors Conference.
Prime Minister highly valued the role played by Kuwait in supporting development process in Yemen, expressing comfort regarding the process of the Kuwait financial allocations.
He noted the importance of accelerating the finalization of preparation of finance agreements for the agreed on projects to be implemented, voicing appreciation for the efforts of Kuwait in gearing up this process.
For this part, the Fund director affirmed that the fund will continue its works in the process of development in Yemen, making clear that after the signing of this agreement of the Social Fund for Development at $50 million, preparation will start to hold other agreement drafts to be signed soon.
He noted the concrete development Yemen is going through during this stage.