Cablegate: Demarche Delivered: Disbursing Pledged Funds

VZCZCXYZ0000
PP RUEHWEB

DE RUEHKU #0729 1781146
ZNR UUUUU ZZH
P 261146Z JUN 08
FM AMEMBASSY KUWAIT
TO RUEHC/SECSTATE WASHDC PRIORITY 1744
INFO RUEHTV/AMEMBASSY TEL AVIV PRIORITY 1660
RUEHJM/AMCONSUL JERUSALEM PRIORITY 1349

UNCLAS KUWAIT 000729

SIPDIS

E.O. 12958: N/A
TAGS: KWBG KPAL IS PGOV PREL KU
SUBJECT: DEMARCHE DELIVERED: DISBURSING PLEDGED FUNDS

REF: STATE 64765

Econoff spoke to Abdullah Al-Musaibeh, Deputy Director for
Middle East, Arab, Islamic Countries at the Kuwait Fund for
Arab Economic Development on Tuesday, June 24. Al-Musaibeh
stated that the pledge of USD 80 million is pending approval
from the Cabinet Council and that the money could not be
disbursed without the approval from the Cabinet. He
indicated that there are "a few issues" that needed to be
worked out. Jassim Mubarak Al-Mubaraki, Director of Ministry
of Foreign Affairs Arab World Department, gave a similar
response in a telcon with EconCouns. Post will continue to
press for disbursement of pledged funds, and will report any
further substantive responses septel.

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For more reporting from Embassy Kuwait, visit:
http://www.state.sgov.gov/p/nea/kuwait/?cable s

Visit Kuwait's Classified Website:
http://www.state.sgov.gov/p/nea/kuwait/
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