(MENAFN- Kuwait News Agency (KUNA)) Minister of Information and Minister of State for Youth Affairs Sheikh Salman Sabah Salem Al-Humoud Al-Sabah has underlined the need for effective coordination and cooperation among state bodies to offer all support to young entrepreneurs.
In a coordination meeting, also attended by the Minister of Commerce and Industry Youssef Al-Ali, Chairman and Director General of the Public Authority for Youth and Sports (PAYS) Sheikh Ahmad Mansour Al-Ahmad Al-Sabah, and Acting Director General of Kuwait News Agency Abdulhameed Malek, Sheikh Salman said that the goal from such kinds of meetings is to create a team work for developing world-class programs for supporting youth.
He added that the Ministry of State for Youth Affairs has managed, through cooperation with different ministries and state bodies, to promote the idea of youth empowerment in the past three years.
Youth makes up nearly 80 percent of the ministry's work force, he said.
Meanwhile, Minister Al-Ali affirmed that ministers are keen on putting into effect His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's vision for expanding the role of youth in the state building.
In this regard, Al-Ali unveiled that the national fund for supporting and developing small and medium-sized enterprises (SMEs) would start operation next October to offer finance for youth businesses.
The loans of the fund, for which the government allocated KD 2 billion (USD 6.6 billion), would cover up to 80 percent of enterprise cost at a maximum of KD 500,000 (USD 1.65 million).
He also called for cooperation with Ministry of Information, Ministry of State for Youth Affairs and PAYS to promote the fund and to offer required training for youth.
Sheikh Ahmad Al-Mansour called for integration among government agencies to provide youth with all tools of success and to help spread the spirits of positivism and optimism among this important category of the society.
For his part, KUNA Acting Director General Malek expressed KUNA's readiness to employ its resources to serve youth and their projects.
KUNA is eager to materialize His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's vision of empowering and caring for youth, Malek accentuated.
He went on to say that KUNA has an outstanding media training center that could offer training courses for youth.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.