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Fin. Min. urges Arab financial institutions to focus on development

Kuwait's Finance Minister Anas Al-Saleh
Kuwait's Finance Minister Anas Al-Saleh

GAMMARTH, Tunisia, April 8 (KUNA) -- Kuwait's Finance Minister Anas Al-Saleh, taking part in meetings of Arab Finance Ministers and financial institutions, said Tuesday Arab funds and financial institutions should focus on development.
Speaking to KUNA on sidelines of the meetings, inaugurated earlier by Tunisian Prime Minister Mahdi Jumaa, Al-Saleh said they have discussed a number of pressing development issues like food security, and supporting the private sector to lead development and create more jobs.
Al-Saleh said the meetings also touched upon importance of fighting illiteracy, boosting education services and small size enterprises funded by the Arab funds.
He said the Arab finance ministers met with the Tunisian President Moncef Marzouqi and Prime Minister Jumaa and discussed development in the Arab world.
Al-Saleh, meanwhile, commended the level of relations between Kuwait and Tunisia.
During his opening speech, Prime Minister Jumaa said the finance ministers'''' meetings would contribute to economic integration among Arab countries.
He called for adopting a comprehensive development mechanism within a framework of good governance and transparency.
Kuwait is also represented by Governor of the Central Bank of Kuwait (CBK) Mohammad Al-Hashel, Director General of Kuwait Fund for Arab Economic Development (KFAED) Abdulwahhab Al-Bader, and Board Chairman and Director General of Kuwait-based Arab Fund for Economic and Social Development (AFESD) Abdullateef Al-Hamad. (end) nm.bs