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A Fund report estimates expansion of 3.7% this year and over 4% next year in the countries of the region. The challenge is to generate employment for natives in the private sector.

The funds will be transferred over the next five years via the Gulf country’s development fund. The Kuwaiti emir has said he intends to coordinate an international investment plan targeting the continent.

According to the Brazilian Ministry of Development, Industry and Foreign Trade, a US$ 808 million surplus was posted in the third week of November, but there is still a US$ 105 million deficit year-to-date.