Al-Rifai Highlights Finance Cooperation
A delegation from Kuwait, headed by Minister of Finance Yaqub Al-Rafaie, participated in the Eleventh Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, which was held in Qatar and lasted for two days. The meeting focused on strengthening coordination among international financial institutions to support sustainable and innovative infrastructure projects in member countries, especially as the bank enters its twelfth year. It emphasized expanding developmental impact and increasing the annual financing volume to reach approximately $20 billion by 2030. Al-Rafaie highlighted the important role of development banks in facing economic challenges and supporting sustainable development, with an emphasis on enhancing financing tools and developing international partnerships.
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