Controversy in Kuwait Over Salams Statements: Our Peoples Funds Are Not Managed with a Stroke of a Pen

  • Date: 03-Sep-2023
  • Source: Lebanon News – LBCI News
  • Sector:Financial Markets
  • Country:Kuwait
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Controversy in Kuwait Over Salams Statements: Our Peoples Funds Are Not Managed with a Stroke of a Pen



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2023-08-05 | 07:43

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Controversy in Kuwait Over Salam's Statements: "Our People's Funds Are Not Managed with a Stroke of a Pen"

The Ministry of Foreign Affairs of the state of Kuwait issued on Saturday the following statement:

 

"In reference to the statement made by the Minister of Economy and Trade in the Lebanese Republic, Amin Salam, which coincided with the third anniversary of the tragic Beirut Port explosion that resulted in a large number of casualties and injuries in the sisterly Lebanese Republic, as well as the destruction of several vital Lebanese government facilities, such as the grain silos at the Beirut Port, which were constructed through a loan provided by the Kuwaiti Fund for Arab Economic Development in 1969.

His Excellency Sheikh Salem Abdallah al-Jaber Al-Sabah, the Minister of Foreign Affairs, expressed Kuwait's strong condemnation and astonishment at this statement, which contradicts the most fundamental political norms and reflects a limited understanding of the nature of decision-making in Kuwait. 

Decisions in Kuwait are based on constitutional and institutional foundations, including humanitarian grants and loans provided by the Kuwaiti government to sisterly and friendly countries.

He further clarified that Kuwait has a rich historical record of supporting sisterly and friendly peoples and countries, but Kuwait