Badheib: The World Bank agrees to provide an additional grant of $100 million

Minister of Planning Discusses Resumption of Article IV Consultations with IMF

Minister of Planning and International Cooperation Dr. Afrah al-Zouba held Thursday a virtual meeting with the Head of the International Monetary Fund (IMF) Mission to Yemen, Esther Perez Ruiz.

Casualty Toll from Israeli Offensive on Gaza Rises to 72,070 Martyrs, 171,738 Injured

The casualty toll from the Israeli occupation’s offensive on the Gaza Strip since October 7, 2023, has risen to 72,070 martyrs and 171,738 injured, according to the Ministry of Health in Gaza.

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: ، 2026/02/27 Time 05:01:28
Latest News:

Minister of Defense Stresses Activating Oversight, Inspection, Strengthening Intelligence Work

Minister of Transport meets with shipping company agents, Director of UN Envoy Office

Minister of Higher Education Discusses with UNESCO Enhancing Cooperation, Developing Higher Education ..

Supreme Committee for Budgets Approves Draft Budget for 2026

Minister Al-Sharjabi Discusses Water and Environment Projects with UNDP

Badheib: The World Bank agrees to provide an additional grant of $100 million

[02/07/2022 12:07]

Aden – Saba
The Minister of Planning and International Cooperation, Dr. Waed Badheib confirmed that the Board of Directors of the World Bank agreed to provide an additional grant of 100 million US dollars earmarked to support the second phase of the emergency project to provide electricity in Yemen, following the visit of a high-level delegation of the World Bank to the temporary capital Aden.

The Minister of Planning said in a statement to the Yemeni News Agency (Saba) "that the project aims to increase access to electricity in rural areas and the outskirts of cities in Yemen, as well as planning to restore the capacity of the electricity sector in the country." Minister Badheib added, "This additional grant is provided by the International Development Association, which is the arm of the World Bank to help the poorest countries around the world," noting that the project will be implemented by the United Nations Office for Project Services, in partnership with local stakeholders.

The Minister of Planning and International Cooperation indicated that the grant will contribute to providing many public service facilities with new or improved electricity services, which will help improve citizens' access to vital services, and the project will enable small and innovative businesses to obtain solar energy systems.