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Kuwait Investment Authority denies Pakistan spend

KUWAIT CITY, May 19: Several media outlets in Kuwait and Pakistan have recently published false press stories claiming that the Kuwait Investment Authority (KIA) is pursuing a USD 20 billion investment program in Pakistan. The KIA would like to emphasize that the story is false and unfounded, and does not have a relationship with the person cited by the media outlets as the source of this reporting, Mr Ahmed Idrees.

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