Kuwait- KFAED signs KD 3.5 mln loan agreement with South Sud...| MENAFN.COM

Monday, 15 August 2022 03:42 GMT

Kuwait- KFAED signs KD 3.5 mln loan agreement with South Sudan


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Kuwait Fund for Arab Economic Development (KFAED) singed Thursday a KD 3.5 million (USD 11 million) loan agreement with South Sudan's government to contribute in building a hospital for women and children in Juba.In a press statement the Fund said that the project will support the development of the health sector in South Sudan and will meet the increasing need for good quality health care services for women and children in the city of Juba.It said that the project will provide the necessary infrastructure and technical facilities for the hospital; in addition to medical diagnostic and therapeutic equipment for a better maternal and pediatric care services.The agreement was signed by the South Sudan's Deputy Finance and Economic Planning Minister Mary Jervas Yak and on behalf of South Sudan and Deputy Director-General of Kuwait Fund for Arab Economic Development Hamad Al-Omar on behalf of Kuwaiti side. (end) skm.hjb


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