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

President al-Alimi discusses with Saudi Minister of Defense National Developments, Prospects for Promising Partnership

His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, along with Council members Tareq Saleh, Abdulrahman al-Muhrrami, Dr. Abdullah al-Alimi and Othman Mujalli met Wednesday with His Royal Highness Prince Khalid bin Salman bin Abdulaziz, Minister of Defense of the sisterly Kingdom of Saudi Arabia.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

S. Korea's ITC exports rise 12.4 percent in 2025

South Korea's exports in the information and communication technology (ICT) industry rose 12.4 percent to a record high in 2025, due to strong demand from the artificial intelligence industry.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/14 Time 06:33:41
Latest News:

Foreign Minister Discusses with UN Resident Coordinator Enhancing Humanitarian, Development Cooperation

Chairman of Shura Council Discusses with European Union Ambassador Efforts to Support Peace, Stability ..

Governor of Taiz Discusses Emergency Measures to Address Water Crisis

Yemen Participates in 49th Session of Arab Youth and Sports Ministers Council in Cairo

Yemeni Military Heroes Laid to Rest in Marib Ceremony

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.