Kuwait Pledges 100,000 USD to IACA

Kuwait Pledges 100,000 USD to IACA

Kuwait has pledged a voluntary contribution of 100,000 USD to IACA’s general budget in 2018 to support the organization’s work in empowering anti-corruption and compliance professionals across the globe.

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 in Vienna on Wednesday with Mr. Martin Kreutner, Dean and Executive Secretary.

Their discussions focused on ways of intensifying cooperation between IACA and Kuwait in preventing and fighting corruption. Kuwait became a Party to the Agreement for the Establishment of IACA as an International Organization (IACA Agreement) in 2015, and last December the IACA Regional Summer Academy – Middle East took place in Kuwait City, co-organized with the Kuwait Anti-Corruption Authority (Nazaha).

This new financial pledge will facilitate the implementation of IACA’s education, training, and capacity-building activities under its current Work Programme 2017 - 2020. Kuwait previously contributed the same amount to IACA’s general budget in 2017.

Voluntary contributions by Parties are mentioned as a core element of the Academy’s financing under Article XI.(1).a of the IACA Agreement. Click here for further details

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