$ 50 mln Kuwaiti social fund project contribution

SANA'A, Feb. 21 (Saba) - Director General of Kuwait Development Fund
Abdul Wahab Ahmed al-Badr said that the Fund will contribute to
financing the 3rd phase of Social Fund Project in Yemen with $50
million from the $900 million total amount of the project.

Upon his arrival on Saturday in Sana'a, al-Badr considered the
Project, which a number of donors would contribute to its
implementation beside Kuwait, an optimistic step because of its
support employees and providing of more projects and work
opportunities for Yemeni society.

Al-Badr identified this project as first sign for what was agreed on
during Yemeni-Kuwaiti committee foundation meeting in the beginning
of current month and one of projects which is to be implemented by
the fund, in addition to a number of small enterprises that would
use the Yemeni national economy.