Kuwait City: The Kuwait Fund for Arab Economic Development (KFAED) has temporarily halted new funding to any country until further notice, while previously scheduled funding flows contracted with countries six months ago will continue. According to the sources, "the temporary suspension is due to the end of the fund's board of directors' term last March, as the approval of granting new loans requires the board's approval, provided that the period of its mandate is valid and has not expired."
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