Kuwait Fund: 25 countries fails to repay principal loans

  • 10/10/2023

The Kuwait Fund has confirmed that its "sovereign" loans are not subject to cancellation, written off, or waiver, in accordance with a policy that has been in place since its establishment. The Fund has confirmed that twenty-five countries have failed to repay their principal loans, resulting in a total debt of 118 million Kuwaitis dinars.

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