Prime Minister receives World Bank Delegation

Supreme Council of Energy endorses plans to improve electricity services

The Supreme Council of Energy (SCE) has approved a number of plans and alternatives to develop strategic solutions to improve the electricity services by using renewable energy and less cost fuels to generate electricity.

Splendour of "Hellenistic Gold” Exhibition Showcases Rare Treasures from Bulgaria’s Sakar Region

A major new exhibition titled “The Splendour of Hellenistic Gold: The Ruler of Sakar” has opened at Bulgaria’s National Archaeology Museum in Sofia, bringing to light some of the most exquisite artifacts ever discovered in the country’s southeastern Sakar region.

U.S. federal debt exceeds $37 trillion

The federal debt of the United States has continued to rise, reaching $37.005 trillion, an increase of $6.3 billion, continuing the rapid upward trend of the debt, which shows no signs of slowing down.

Uganda and South Africa beat Niger and Guinea in the African Nations Championship

Uganda defeated Niger 2-0 in their Group C match at the African Nations Championship, currently being held in Uganda, Kenya, and Tanzania.

Last Update: ، 2025/08/15 Time 04:02:42
Latest News:

Marib Deputy Governor discusses enhancing humanitarian partnership with UNDP, UNICEF

Prime Minister emphasizes government's commitment to enhance performance of Investment Authority to attract ..

Yemen, Libya Explore Enhanced Cooperation in Legal and Human Rights Fields

Ambassador Al-Wuhayshi, Russian Foreign Official Discuss Energy Reform and Peace Efforts

Yemen Condemns Israeli Prime Minister’s “Greater Israel” Remarks as Violation of International Law

Prime Minister receives World Bank Delegation

[13/07/2025 06:19]

ADEN - SABA
Prime Minister Salem Saleh Bin Breik welcomed the World Bank delegation currently visiting Aden, led by the Regional Director for Egypt, Yemen, and Djibouti, Stefan Guimbert.

During the meeting, they discussed prospects for enhancing partnership, supporting the government's efforts and priorities in addressing economic, service, and developmental challenges, achieving financial and institutional stability, as well as the progress of ongoing projects and future plans.

They also focused on mobilizing support to finance the economic recovery plan and continue comprehensive reforms.

The meeting addressed mechanisms to revitalize partnership with the International Finance Corporation, implement projects in the electricity sector, and encourage local and foreign private sector investment in this vital sector.

At the beginning of the meeting, the Prime Minister welcomed the World Bank delegation's visit, highlighting its support for the government during these exceptional circumstances.

He noted the World Bank's assistance in economic, service, and developmental aspects, as well as institutional building, and expressed hopes for doubling this support, which is a fundamental pillar for overcoming accumulated crises, exacerbated by the Houthi militia's terrorist attacks on oil export ports.

The Prime Minister also touched on the urgent priorities the government is working on in economic and service sectors, primarily maintaining the stability of the national currency, improving local revenues, addressing imbalances in vital sectors such as electricity, water, and health, and protecting the most vulnerable groups through expanded cash and food support programs.

For his part, the head of the World Bank delegation reaffirmed the WB's commitment to supporting the Yemeni government and its economic and developmental priorities, as well as assisting its efforts in institutional capacity building and enhancing partnerships with the private sector. He emphasized the World Bank's eagerness to expand its programs in Yemen and work with the government.