Kuwait Fund for Arab Economic Development

KUWAIT: A fund to support Kuwait’s coronavirus (COVID-19) countermeasures is established to allow monetary contributions from institutes, companies and individuals, said a government official on Tuesday. Speaking during the cabinet press conference held at Seif Palace, Government spokesman Tareq Al-Mezerm indicated that the decision to establish the fund came in line with a cabinet decision, adding that a website for the fund was established to receive support. Details on banks involved in the fund will be declared soon, he affirmed.

Meanwhile, Mezrem welcomed the National Assembly’s cooperation with the government in the current coronavirus crisis, saying that amendments made to laws combating contagious disease were a very important step to defeat the spread of the viral infection.

The amendments will also halt any individuals meaning to harm society via intentionally spreading disease, he indicated. The government spokesman took to remain citizens and residents alike to abide by measures set by the government to curb the spread of the coronavirus.

In the meantime, the Kuwait Fund for Arab Economic Development (KFAED) granted a total of KD 30 million (about $95 million) in support of governmental efforts to confront the coronavirus spread. KFAED said on Tuesday that this grant comes out of the fund’ social responsibility and in support of government efforts to confront this virus and limit its spread.

KFAED also expressed a sense of admiration to efforts exerted by the medical and nursing cadres and other parties at all levels during combating the spread of the virus, and to preserve the health and safety of citizens and residents in the country. – KUNA