Kuwait Commits to Increasing Support to Yemen in All Fields

The Kuwaiti Crown Prince receives the Chairman of the Yemeni Leadership Council at Bayan Palace on Wednesday. (Saba News)
The Kuwaiti Crown Prince receives the Chairman of the Yemeni Leadership Council at Bayan Palace on Wednesday. (Saba News)
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Kuwait Commits to Increasing Support to Yemen in All Fields

The Kuwaiti Crown Prince receives the Chairman of the Yemeni Leadership Council at Bayan Palace on Wednesday. (Saba News)
The Kuwaiti Crown Prince receives the Chairman of the Yemeni Leadership Council at Bayan Palace on Wednesday. (Saba News)

Kuwait has pledged to increase support for Yemen in various political, economic and humanitarian fields, and to back UN efforts to achieve comprehensive peace and stability in the country.

Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmad Al-Jaber Al Sabah met on Wednesday with Dr. Rashad Al-Alimi, Chairman of the Yemeni Presidential Leadership Council, and his accompanying delegation at Bayan Palace.

Sheikh Mishaal expressed his sincere hopes that peace, security and comprehensive stability would be achieved throughout Yemen. He affirmed Kuwait’s full backing for all efforts led by the coalition to support legitimacy, foremost of which the Saudi endeavor at the political, economic and humanitarian levels.

Al-Alimi expressed his gratitude to Kuwait, the Emir, the government and the people, for all the support that Yemen has enjoyed during the past decade, by preventing the collapse of the state and deterring the coup militia backed by the Iranian regime.

Ali bin Safaa, Yemen’s ambassador to Kuwait, described the visit of the Yemeni official as successful.

In remarks to Asharq Al-Awsat, Safaa said that the chairman of the Presidential Leadership Council and his accompanying delegation discussed with the Kuwaiti leadership the political situation and the recent initiatives, including the UN-sponsored truce.

“Kuwait has excellent relations with the parties in the region and the whole world, and has shown its commitment to the Yemeni legitimacy,” he said, adding that officials during the meetings have agreed to revive Arab and Kuwaiti funds that were suspended due to the war, and reviewed a number of files in health, education, services and support for expatriates in Kuwait.

The Kuwaiti officials also pledged to reconsider enhancing support in various cooperation programs, especially at the economic, humanitarian, political, and service levels, including increasing the number of academic scholarships in the security and military fields, and providing the necessary facilities for Yemeni residents and expatriates and their children in Kuwait.



Saudi Arabia Concludes Third IMFC Deputies Meeting

The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
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Saudi Arabia Concludes Third IMFC Deputies Meeting

The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA

The Kingdom of Saudi Arabia concluded the third deputies meeting for the International Monetary Fund's (IMF) International Monetary and Financial Committee (IMFC), which was held under the Saudi chairmanship in Diriyah on April 6-7, and co-organized by the Ministry of Finance and the IMF.
During his opening speech, Minister of Finance Mohammed Aljadaan praised the efforts of the IMF's leadership and the members of the IMFC in guiding the IMF during challenging times. He also emphasized the importance of collaboration to ensure global financial stability and strong, inclusive economic growth. "The IMF has shown resilience by adapting to the ever-changing global landscape," Minister Aljadaan said.
In her opening speech, Managing Director of the International Monetary Fund Dr. Kristalina Georgieva expressed her gratitude for Saudi Arabia's ongoing and robust support for the IMF and the strong leadership of the IMFC, SPA reported.
"Amid significant global policy changes, the IMF's mission to foster macroeconomic and financial stability remains just as essential as it was 80 years ago. Our 191 member countries can rely on the IMF as a trusted advisor," she said.
The IMFC deputies discussed several topics during the high-level discussion sessions, including ways to enhance global financial stability and inclusive development. They addressed the challenges facing the global economy due to uncertainty in trade flows and its impact on capital in both advanced and developing economies. Emphasis was placed on the effect of high debt levels on investments in infrastructure and jobs and the opportunities and risks arising from technological and demographic shifts.
Additionally, they discussed the IMF's role in supporting countries through financial stability programs and coordinating regional financial arrangements.