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

Ambassador Mojawwar: Red Sea Security, Stability Depend on Restoring Yemen’s State Institutions and Sovereignty

Yemen’s Permanent Representative to the UN and international organizations in Geneva, Dr. Ali Mojawwar has said that lasting security and stability in the Red Sea depend on restoring Yemen’s state institutions and full sovereignty.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Gold Rises Over 1 Percent

Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/30 Time 06:51:19
Latest News:

State Minister, WHO Discuss Health Response for Displaced People

Foreign Minister Discusses Yemen Developments, Bilateral Cooperation with Turkish Envoy

Saudi Arabia Reaffirms Full Support for Yemeni Government to Restore State Authority

Denmark’s New Ambassador Presents Credentials to Yemen’s Foreign Minister

Interior Ministry Says Houthi Cells Detained, Suspicious Activities Tracked

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.