Abdulwahab al bader biography for kids
Abdulwahab al bader biography for kids english!
Interview: Abdulwahab Al Bader
What is the process through which loans are distributed both sectorally and geographically?
AL BADER:Kuwait Fund extends loans on concessionary terms to finance development projects in developing countries.
Abdulwahab al bader biography for kids
We also provide technical assistance to finance the cost of feasibility studies for projects and for training of nationals of the recipient countries. In addition, the fund contributes to the resources of regional and international development institutions.
Over 50% of our loans go to Arab countries and the rest benefits other developing country regions.
By sector, transportation, energy, and agriculture get a large share of our loans, as these sectors are given top priority by our partner countries. Kuwait Fund loan recipients include over 103 countries, with total commitments of about $18bn.
The sectoral distribution of Kuwait Fund loans reflects what each recipient deems to be its own priority, which differs among countries. Projects