3. KUWAIT
Kuwait as a country was established in the early
17th century, and has been ruled by Al-Sabah
Family since they were elected by the rest of the
Kuwaiti Families.
Before the exploration of oil in 1934, Kuwait was
a mercantile center & port.
The people of Kuwait depended mainly on the
sea to earn a living.
4. KUWAIT - DISCOVERY OF OIL
February 1938, Oil was discovered in Burgan
Oil Field.
5. KUWAIT - INDEPENDENCE
Kuwait got its independence on June
17, 1961. During the rule of his highness
The late Amir of Kuwait Abdullah AlSalem Al-Sabah.
Sheikh Abdullah’s reign was so central
to the evolution of modern Kuwait
and its constitution.
The date on which he had ascended
the throne in 1950 (February 25) was
designated National Day.
6. UN DEVELOPMENT MANDATE
((1974
• It stipulates that industrial as well as oil producing
countries allocate 0.7% of their GDP to
development assistance.
7. ESTABLISHMENT OF KUWAIT
FUND
Established in 1961 as a bilateral financial – aid
agency.
1st national institution founded by a developing
country to help developing nations.
- Initial capital = KD 50 million (US$ 165 million)
- Geographical coverage = Arab Countries.
Today 2011
Our current capital KD 2 billion (US$ 6.6
billion) Geographical coverage = 104
countries worldwide.
8. KUWAIT FUND - CAPITAL
Initial Capital = 50 million K.D.
100 million K.D.
In 1963 , 200 million K.D.
In 1974, 1000 million K.D. (Geographical
distribution was expanded to cover all nonArab countries
requiring development
assistance in addition to Arab countries).
In 1981, 2000 million K.D.
Today , The Kuwait Fund still retains the 2000
million K.D. in terms of official capital, in
addition to two reserved capitals surpassing
2000
million
K.D.
(The
geographical
distribution : 104 countries. )
9. FUND ACTIVITIES
The Scope of our operations can be
extended to any country that requires
development & financial assistance.
Types of assistance
- Loans
- Grants & Technical Assistance
- Contributions to Multilateral
Development Institutions
10. KUWAIT FUND CONTRIBUTIONS TO
DEVELOPMENT INSTITUTIONS UP TO 4-10-2011
Institution
$(Paid Up (Million US
Committed (Million
$(US
Arab Fund for Economic & Social Development
575
575
Arab Bank for Economic Development in Africa
49.694
49.694
11.396
110
•African Development Fund
211
239
Inter – Arab Investment Guarantee Corporation
5.4
5.4
120.315
120.315
45
56
81.43
172
10
47
1,112
1,377
African Development Bank Group
•African Development Bank
International Development Association
International fund for agricultural Development
((IFAD
•IFAD Special Program for Sub-Saharan African
Countries
Arab Gulf Program for United Nations Development
.Organizations
Total
11. KUWAIT FUND GRANTS AND T.A. TO
(INSTITUTIONS UP TO 31 MARCH 2011 (MILLION
Institution
$(Amount (million US
No. of Grants
International Development Law
(Organization (IDLO
2,890
7
Arab Gulf Programme for the
support of UN Dev. Organizations
30,193
3
Economic and Social Commission
for Western Asia
165,130
1
Institute for Development Studies
99,723
1
Robert McNamara Fellowships
Programme
486,433
1
UNITAR-Programme on Regional &
Inter- Regional Cooperation
97,870
1
Global Water Summit Initiative
100
1
General Organization for the
South & Arabian Gulf in Bahrain
3,416
1
Harvard Water Symposium
71,608
1
Regional Info. Technology &
Software Engineering Center
1,001
1
Environmental summit Re River
Blindness Control Programme
23,362
1
12. KUWAIT FUND GRANTS AND T.A. TO
(INSTITUTIONS UP TO 31 MARCH 2011 (MILLION
Sixth International conference on
Law Volume Roads
33,374
1
Foundation for Tropical Diseases
1,000
1
Guinea worm Eradication Trust fund
246,543
1
Onchocerciasis Control Programme
((OCP
750,000
1
Final Phase of guinea Worm
Eradication Program
500,000
1
Arab Planning Institute
6,242
1
IFAD – Special Programme for Sub –
Saharan African Countries
15,000
1
Supplementary Financing of the Final
Stage of Guinea Worm
500
1
The Final Stage of the Program of
Combating River Blindness
1,500
1
African Program for Onchocerciasis
2,000
1
Others
161,432
11
Total
67,479
40
13. GEOGRAPHICAL DISTRIBUTION OF
GOVERNMENT GRANTS UP TO 06-10-2011
Region
No. of Countries
No. of Grants
$Amount in US
Central Asian &
European Countries
2
2
18,005
Latin American & The
Caribbean Countries
1
1
9,000
East, South Asia & The
Pacific Countries
3
3
24,000
Arab Countries
12
32
1,061,192
West African Countries
13
13
64,898
Central, South & East
African Countries
4
4
14,148
Institutions
1
2
15,194
Total
36
57
437 ,1,206
14. GOODWILL FUND
During the 1st International Islamic Economic
Conference held in Kuwait between April 29 to May
1, 2008, his highness the Emir of the State of Kuwait
launched the initiative of Goodwill fund, to help the
Islamic countries in their efforts to supply food
security for their People.
His highness proposed a fund with a capital of 100
million US$, which became effective.
15. THE BENEFICIARIES OF
GOODWILL FUND
Country
$(Grant amt. (million US
Afghanistan
7
Uganda
7
Bangladesh
10
Benin
5
Burkina Faso
5
Chad
4
Togo
3
Djibouti
2
Senegal
5
Sudan
7
Sierra Leone
3
16. THE BENEFICIARIES OF
GOODWILL FUND
Somalia
3
Gambia
3
Guinea
4
Guinea Bissau
3
Comores
2
Maldives
2
Mali
5
Mauritania
3
Mozambique
6
Niger
5
Yemen
6
Total
100
17. SUPPORT OF THE PRIVATE
SECTOR IN ARAB COUNTRIES
During the Arab Economic Development& Social summit held in
Kuwait from 19 – 20 January 2009, his highness the Emir of the
State of Kuwait Sheikh Sabah al-Ahmad Al-Sabah launched an
initiative to support small and medium size projects of the private
sector in Arab countries.
His highness proposed a fund with a capital of 2 billion US$.
Kuwait provided 500 million US$ and the Kingdom of Saudi Arabia
provided a similar sum, and other Arab countries will contribute to
this fund.
The fund will be managed by the Arab Fund for Economic &
Social Development.
18. GEOGRAPHICAL DISTRIBUTION OF
FUND’S LOANS
Central Asia & European Countries
South East Asia
West African
Countries
Latin America & the
Caribbean Countries
South, Center
East Africa&
Pacific&
19. GEOGRAPHICAL DISTRIBUTION OF
(FUND’S LOANS (3102011
Regions
No. of
Countries
No. of Loans
Amount in (Million
$(US
%
Arab Countries
16
306
8,552
54,80
East, South Asia & The
Pacific Countries
19
153
3,022
19,37
West African Countries
19
140
1,529
9,80
Central, South & East
African Countries
21
108
1,135
7,27
Central Asian &
European Countries
16
57
0.988
6,33
Latin American & The
Caribbean Countries
11
39
0.378
2,42
Total
102
803
15,605
100%
20. GEOGRAPHICAL DISTRIBUTION
(OF FUND’S LOANS (3102011
Arab Countries
Central Asian & European Countries
Central, South & East African Countries
East, South Asia & The Pacific Countries
Latin American & The Caribbean Countries
West African Countries
21. SECTORAL DISTRIBUTION OF
FUND’S LOANS
Development Bank
No. of Loans = 18
Amt.in million $ = 0.590
2.94 = %
Telecommunications
No. of Loans = 14
Amt.in million $ = 0.344
2.20 = %
Transportation
No. of Loans = 339
Amt.in million $ = 5,456
34.97 = %
Industry
No. of Loans = 61
Amt.in million $ = 1,150
7.37 = %
Water & Sanitation
No. of Loans = 78
Amt.in million $ = 1,461
9.36 = %
Energy
No. of Loans = 139
Amt.in million $ = 4,108
26.33 = %
Agriculture
No. of Loans = 118
Amt.in million $ = 1,882
12.06 = %
Social
No. of Loans = 21
Amt.in million $ = 0.590
3.78 = %
22. SECTORAL DISTRIBUTION OF
FUND’S LOANS 30/1/2011
2.20
3.78
2.94
1.02
7.37
34.97
9.36
12.06
26.33
Transportation
Energy
Agriculture
Water & Sewage
Industry
Social
Development Banks
Telecommunication
Miscellaneous
23. GEOGRAPHICAL DISTRIBUTION OF GRANT &
TECHNICAL ASSISTANCE UP TO 3/10/2011
Division Name
No. of Countries
No. of Grants
Arab Countries
15
82
Grant Amount in
$US
193.5
West African
Countries
15
33
16.9
Central, South & East
African Countries
13
20
13.1
Central Asia & Europe
12
20
21.6
East, South Asia &
Pacific
11
24
44.3
Latin America & the
Caribbean
6
7
3.31
Sub Total
72
186
292.7
Institutions
35
42
70.3
Grand Total
107
228
363
24. GEOGRAPHICAL DISTRIBUTION OF GRANT &
TECHNICAL ASSISTANCE UP TO 3/10/2011
Arab Countries
West African Countries
Central, South & East African Countries
Central Asia & Europe
East, South Asia & Pacific
Latin America & the Caribbean
Institutions