VOL. XLV

No 42

21-October-2002

KUWAIT

KFAED Comes Under Control of Minister Of State For Foreign Affairs

The Kuwait Fund for Arab Economic Development (KFAED) has been placed under the control of the Kuwaiti Minister of State for Foreign Affairs, according to a decree issued on 22 September and published in the official gazette, Kuwait al-Yawm,of 29 September. Previously KFAED was under the aegis of the Minister of Finance. No reason for the change was given. KFAED was established in 1961 to...