Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

Kuwait eager to achieve sustainable development

Minister Hind Al-Subaih is seen during her participation in the 3rd International Conference on Financing for Development. —KUNA

Minister Hind Al-Subaih is seen during her participation in the 3rd International Conference on Financing for Development. —KUNA

KUWAIT: Minister of Social Affairs and Labor and Minister of State for Planning and Development Affairs Hind Al-Subaih has stressed that Kuwait fully supports international development and is willing to cooperate to resolve all issues facing such process. The Minister’s remarks came in a statement released by the General Secretariat of the Supreme Council for Planning and Development yesterday, upon her participation in the 3rd International Conference on Financing for Development, held in Addis Ababa, Ethiopia from July 13 to 16.

The Kuwait Fund for Arab Economic Development has always been supporting different projects mainly infrastructure in developing and less developed countries, by providing easy loans, said Subaih. Kuwait had provided developmental financial aid worth about 1.4 percent of its GDP in the past few years, which is double the international percentage of 0.7 percent, she added. Meanwhile, the official noted that Kuwait is among the top countries in facing global warming, aiding people in conflict-struck countries, supporting sustainable development and cooperating to achieve the goals of the UN’s Millennium Development goals by 2015.

Moreover, the country is fully supporting the post-2015 development agenda aiming to end poverty by 2030 and create a better world for all people. Subaih also mentioned the effects of big debts imposed on developing countries, noting that Kuwait had previously called on the international community to consider that these countries could use their money to develop projects rather than pay it for their creditors. The Minister said she was looking forward for the upcoming international summit to be held in the UN’s headquarters in New York next September, where the post-2015 agenda would be approved. She also noted that the UN will hold the 2015 Paris Climate Conference (COP21) by the end of the year to reach an agreement on reducing the emissions of greenhouse gases. —KUNA

Pin It
This article was published on 14/07/2015