(MENAFN- Kuwait News Agency (KUNA)) WASHINGTON, Oct 16 (KUNA) -- Acting Minister of Finance, Minister of Electricity, Water and Renewable Energy, and Minister of State for Economic Affairs and Investment Dr. Sabeeh Al-Mukhaizeem met with World Bank Vice President for the Middle East and North Africa (MENA) Ousmane Dione.
During the meeting, Dr. Al-Mukhaizeem highlighted the importance of strengthening relations with the World Bank's local office in Kuwait, especially following the appointment of a new office director.
He stressed the need for the new director to possess the necessary expertise, knowledge, and flexibility to engage effectively with local entities, ensuring that the office's presence delivers tangible added value.
He also underlined the importance of holding an early meeting with the newly appointed director to set clear priorities for cooperation between Kuwait and the World Bank.
On his part, Dione expressed appreciation to Kuwait for recently completing the payment of its contribution to the general and selective capital increase of the International Bank for Reconstruction and Development (IBRD).
He said this reflects Kuwait's commitment to its international obligations and its support for the World Bank's efforts in advancing sustainable development.
Both sides reaffirmed the importance of further enhancing cooperation between Kuwait and the World Bank, particularly in the fields of education, health, energy, and water.
The meeting was attended by the Executive Director at the World Bank Group (WBG) Abdulaziz Al-Mulla, the Director of Public Debt Management Faisal Al-Muzaini, Director of International Economic Cooperation Department Saad Al-Rashidi, Acting Director of Macroeconomics and Fiscal Policy and Director of Financial Planning and Follow-up Department Ahmad Al-Omran.
The meeting took place on the sidelines of Kuwait's participation in the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF), held in Washington from October 13 to 18, 2025. (end)
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