Kuwait today pledged a voluntary contribution of 100,000 USD to IACA in 2017 to support the Academy’s work in empowering anti-corruption and compliance professionals around the world.
H.E. Mr. Sadiq M. Marafi, Ambassador and Permanent Representative of the State of Kuwait to the International Organizations in Vienna, announced the pledge during a meeting at IACA with Mr. Martin Kreutner, Dean and Executive Secretary.
Today’s discussions also covered other themes of mutual interest, including opportunities to foster collaboration between IACA and Kuwait in the global fight against corruption.
The contribution will go to IACA’s general budget and will facilitate the implementation of education, training, and capacity-building activities under its Work Programme. Voluntary contributions by Parties are mentioned as a core element of the Academy’s financing under Article XI.(1).a of the Agreement for the Establishment of IACA as an International Organization (IACA Agreement).
Kuwait became a Party to the IACA Agreement in May 2015.