Yemen, WB agreed on allocating USD 816 million for emergency projects

GCC renews support to Presidential Council, Yemen's Unity

The Gulf Cooperation Council (GCC) Ministerial Council has renewed its full support for the Presidential Leadership Council, led by Dr. Rashad Mohammed al-Alimi, to achieve security and stability in Yemen and to reach a comprehensive political solution, in accordance with the Gulf Initiative and its executive mechanism, the outcomes of the Comprehensive National Dialogue Conference, and UN Security Council Resolution 2216.

Gaza Death Toll Rises to 54,381 Amid Ongoing Israeli Aggression

GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Napoli Wins Serie A Title for Fourth Time

Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.

Last Update: ، 2025/06/03 Time 07:35:26
Latest News:

Tarek Saleh: Media plays pivotal role in shaping public Awareness, combating misinformation

Prime Minister Receives UNICEF Representative

Minister of Water and Environment Opens National Workshop to Support Low-Emission Development

President al-Alimi returns to Aden

Minister al-Socotri discusses rehabilitating Towahi fishing port with UN official

Yemen, WB agreed on allocating USD 816 million for emergency projects

[25/04/2017 02:54]

Washington, (Saba)- The Republic of Yemen and the World Bank have agreed on allocating USD 200 million for supporting financial aid to the poorest families, 80 million for health and nutrition, 36 million for agriculture and USD 500 million for supporting food imports.

The meeting, which gathered Minister of Planning and International Cooperation Mohammad al-Sa'adi and Governor of the Central Bank of Yemen Munassar al-Quaiti with Deputy Chairman of the WB Ghanim Hafez and Director of Middle East Management at the International Monetary Fund Jehad Azzor, tackled WB's projects and approving allocation of more resources to Yemen for financing service projects.

The minister and the governor held a number of meetings with management directors and and team's heads at the WB and IMF and discussed their projects being implemented in Yemen.

On the sideline of the WB's meetings, a preparatory multiple- meeting reviewed the agenda of donors' meeting due to be held in Saudi Arabia on May 10. The meeting will support Yemen's needs and reconstruction.