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Kuwait Fund for Arab Economic Development
(redirected from KFAED)

   Also found in: Acronyms 0.01 sec.
Kuwait Fund for Arab Economic Development
An agency of the government of Kuwait intended to encourage international development. It was the first organization established by a developing country to assist developing countries. It was founded in 1961 with profits from Kuwait's oil reserves. See also: Petrodollar, AFESD.


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