Article: KUWAIT: GOVERNMENT FUNDS TO PROVIDE FOR THE WELFARE OF FUTURE GENERATIONS.

Al-Quds newspaper quotes from a statement made to Parliament at the beginning of June 2000 by Kuwait's Treasury Director-General Adel Muhsein Al-Hneif. He announced that the Government had transferred $6 billion of the profits of the Kuwaiti Investments Agency to a special fund set up to provide for the welfare of future generations. The newspaper notes that since establishing the fund in 1976, the Government of Kuwait ...

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