KFAED grants $32.4m loans to Vietnam, Kyrgyzstan

Kuwait-Mubasher: Kuwait Fund for Arab Economic Development (KFAED) has lent Vietnam and Kyrgyzstan $32.4 million to finance healthcare projects, Kuwait News Agency reported.

A loan agreement worth KWD 3.4 million ($12 million) was signed between KFAED and Vietnam.

In addition, the fund inked an agreement with Kyrgyzstan to offer it a loan worth KWD 6 million ($20.4 million). 

Mubasher Contribution Time: 11-Mar-2016 18:15 (GMT)