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Reuters

Business

Kuwait plans reform to aid through economic development fund

Kuwait Developing Countries

FILE PHOTO: An aerial view shows Kuwait City and the National Assembly Building (Kuwait Parliament), after the country entered virtual lockdown, as a preventive measure against coronavirus disease (COVID-19) in Kuwait City, Kuwait, March 20, 2020. REUTERS/Stephanie McGehee/File Photo

Kuwait intends to reconsider its policy of providing aid to Arab and developing countries through the Kuwait Fund for Arab Economic Development, its foreign minister said on Thursday.

"There are developments at the international level that require us to reconsider the mechanisms of the fund's work and harness the fund's work to preserve our national interests," Sheikh Salem Abdullah Al-Jaber Al-Sabah said in a video sent by the foreign ministry.

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