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Tue, Aug

Finance minister signs $7m grant with Kuwait Fund

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Eklil-Ahmad-RahimiA high-level delegation of the Ministry of Finance and Da Afghanistan Bank participated in the International Monetary Fund/World Bank annual meetings in Lima from October 9 to 11.

Minister of Finance Eklil Hakimi, leading the delegation, signs a grant of $7 million with the Kuwait Fund for Arab Economic Development. On the sidelines of the meetings, Hakimi signed the agreement with Hesham Al-Waqayan, deputy director-general of the Fund.

Under the agreement, a statement from the Ministry of Finance in Kabul said, the Kuwait Fund would provide assistance for the promotion of food security in Afghanistan.

The delegation participated in meetings with major development partners of Afghanistan. During the discussions, Hakimi laid out government’s development plans for the immediate, medium and long term.

The team also discussed the government’s Post-SOM Reform agenda and preparations and for the upcoming High Level Conferences on Afghanistan planned to be help in Warsaw and Brussels.