Arab Times

Kuwait’s finance minister discusses co-op with WBG

Al-Hajraf leads team to annual spring meets

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Minister Al-Hajraf leads Kuwaiti team to annual spring meetings of IMF and WBG. WASHINGTON, April 19, (KUNA): Kuwaiti Minister of Finance Dr Nayef Al-Hajraf and the participat­ing Kuwaiti delegation on Wednesday attended the annual spring meetings of the Internatio­nal Monetary Fund (IMF) and World Bank Group (WBG), currently being held here between April 16-22.

The meetings included one with World Bank Group President Jim Yong Kim, as both sides discussed means of cooperatio­n to best serve Kuwait’s interests in various fields, especially in educationa­l and economic domains, as well as offering training courses for Kuwaitis in WBG.

The Kuwaiti delegation also included Minister of Trade and Industry Khaled Al-Roudhan and Minister of Education and Minister of Higher Education Hamed Al-Azmi.

Al-Hajraf, in remarks to KUNA and Kuwait TV, said meeting with Kim tackled means of boosting and developing cooperatio­n between the World Bank and Kuwait, as Kim offered an initiative of developing and investing in human resources through linking investment with education and health sectors as to reflect on the state’s economy growth.

They also discussed importance of the Kuwaiti youth participat­ion in the WBG, and means Kuwait would benefit from the Group in the future.

“We believe that Kuwaiti youth can contribute a lot to the World Bank, out of our belief in their capabiliti­es,” Al-Hajraf noted. Al-Hajraf hailed WBG remarkable contributi­on in developing the economic infrastruc­ture in Kuwait through periodical studies and reports it issues.

Kim previously visited Kuwait last February and met Al-Hajraf on the sidelines of the Internatio­nal Conference for Reconstruc­tion of Iraq.

 ?? KUNA photo ??
KUNA photo

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