WB to consider mechanisms on unified channels for aid delivery

Prosthetics and Rehabilitation Center in Taiz Provides Services to 674 Beneficiaries in February

The Prosthetics and Rehabilitation Center in Taiz governorate provided medical and rehabilitation services to 674 beneficiaries during February, delivering a total of 2,174 specialized rehabilitation and medical services in the fields of prosthetics, physical therapy, and technical and medical consultations.

OCHA: Regional Escalation Directly Impacting Humanitarian Conditions in Gaza and the West Bank

United Nations Office for the Coordination of Humanitarian Affairs has warned that ongoing regional escalation is directly worsening the humanitarian situation in Gaza and the West Bank.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/08 Time 05:41:42
Latest News:

Prime Minister holds meeting with EU Mission, Ambassadors of Germany, France, Netherlands

Yemeni Coast Guard Seizes Human Smuggling Boat East of Mayun Island

PLC Member al-Subaihi Discusses Improving Government's Performance With Ministers

Cabinet approves government's program, top priorities in 2026

Aden Governor Reviews Plan for Establishing Industrial Zone in Al-Alam

WB to consider mechanisms on unified channels for aid delivery

[23/10/2020 03:15]

WASHINGTON-SABA
The Executive Director to the World Bank group Merza Hasan has indicated that the World Bank’s team is working to hold a number of technical meetings to come up with an applicable mechanism for unifying the channels of international aid delivery to Yemen through the country’s central bank in Aden and in Yemeni currency, Riyal.

Hasan made the remarks during a video conference with Yemen’s Minister of Planning and International Cooperation Najib Al-Awj. The WB will consider the mechanism in response to the demand of the Yemeni government.

On his part, the Yemeni ambassador in Washington noted that importance should be attached to the strategic goal of the social protection and cash transfer project, a goal which will materialize only by supporting the central bank in Aden to contribute to stabilizing the Riyal and unify the national monetary policy, given that this bank is the sole institution found compliant with the IMF criteria.