The role of sovereign wealth funds in achieving ...

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The role of sovereign wealth funds in achieving sustainable development

Kuwait Sovereign Fund as a mode

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1hattabmourad782@gmail.com2

،reggani1lallafatima@gmail.com

020920201411202031122020

JelM10.N2

hattabmourad782@gmail.com

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Abstract: Sovereign wealth funds are considered to have a major role in financing

sustainable development, as the aim of their establishment is to manage and

invest financial surpluses, and investment may be in bodies that work to lay

the foundations of sustainable development at the local or external level.

Therefore, the study of the Kuwaiti sovereign fund called the General

Investment Authority, which is considered the first sovereign fund in the

world, came in order to highlight the clear role of sovereign funds in

achieving sustainable development, by supporting and financing institutions

that support sustainable development projects, and by following the

descriptive approach, it was concluded that the Kuwaiti fund For Arab

economic development through loans that it gives to Arab and developing

countries, it works to achieve sustainable economic and social development,

through the loans it grants to finance development projects in various

sectors such as transport, energy and social support, as well as supporting

some sectors at the local level.

key words:Sovereign funds, sustainable development, the Kuwaiti

sovereign fund, the Kuwait Fund for Arab Economic Development.

Code jel: M10.N2

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