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Kuwait

1977

Year

B

List

US$ 218.51 million

Core Contribution

US$ 0 million

Complementary Contribution

US$ 0.13 million

Supplementary Contribution

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Kuwait played a major role in the establishment of IFAD in 1977 and has been a key supporter of IFAD for the past 43 years. Kuwait’s support to the Fund has been fundamental in combating poverty and strengthening development in developing countries. IFAD has served as an instrument for Kuwait and other Gulf countries to channel resources to developing countries’ agriculture and as a global forum on food security in which Gulf countries have played a key role. Kuwait’s contribution has often represented 1 per cent of IFAD’s replenishment targets.

Through the 2030 Agenda for Sustainable Development, the world has set ambitious objectives to end poverty and hunger, and to overcome inequality in a sustainable manner by 2030. Today, more than ever, Kuwait’s support to the Twelfth Replenishment of IFAD’s Resources (IFAD12) is critical to ensuring increasing investments in rural areas and an even stronger role for IFAD in helping the world’s poorest citizens escape the poverty trap.



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Agriculture presents opportunity to diversify national economies says IFAD President on last official visit to Saudi Arabia and Kuwait

January 2017 - NEWS
In his last official visit to Saudi Arabia and Kuwait, the outgoing President of the International Fund for Agricultural Development, Kanayo F. Nwanze, will stress the importance of investing in agriculture as a means of transforming poor rural communities and diversifying national economies.