Minister of Finance, Governor of the Central Bank Discuss Comprehensive Reform Implementation with Arab Monetary Fund
Minister of Finance Marwan Faraj Bin Ghanem and Governor of the Central Bank of Yemen Ahmed al-Maabqi discussed Thursday with Dr. Fahad Al-Turki, Director General and Chairman of the Board of the Arab Monetary Fund implementation of the comprehensive reform program in the economic, financial and monetary sectors.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
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.
User Name: Password:
WB approves $150 million project in Yemen
[03/11/2017 02:01]



WASHINGTON-SABA

The World Bank (WB) has announced Friday that it approved a new project aimed to restore basic services in Yemeni cities that have been seriously affected by armed conflict.

The new project financed through grant estimated at $150 million dollar provided by International Development Foundation, which is the (WB) Fund aims to help world's poorest nations to cope with challenges such as lacking clean drinking water, sanitation, electricity and highways networks.

The Emergency Project of an integrated urban services in Yemen is to be implemented in 19 different Yemeni cities: Aden, Al-Daele'a, Hodeida, Mukalla, Amran, Bajil, Baihan, Bait Al-Faqeeh, Dhamar, Ibb, Luhj, Raidah, Sa'adah, Sana'a, Syaun, Shiharah, Taiz, Yareem and Zunjobar.

This project is intended to sustain 1.4 million of Yemenis 50% of them nearly women. UN Office for project services shall carry out the project in cooperation with three well-established Yemeni institutions: Public Works Project, Highways Maintenance Fund, Unit of Managing Water Projects in Urban areas.

The Project is designed to provide 600,000 of Yemenis with basic services of water, sanitation and rehabilitate 400 km of highways, generate 60,000 MGW of electricity and some 1.5 million work-days.

This funding brings total amounts of emergency grants offered by International Development Foundation to Yemen up to $1.133 since July 2016.




President al-Alimi Affirms Importance of Integration Between National Components
Minister of Social Affairs Discusses Strengthening Protection Programs with UNICEF
Yemen participates in meeting of central bank governors, finance ministers of Middle East and North African countries
President al-Alimi: Establishing stability in government-held governorates prerequisite to restore state institutions
President al-Alimi: Security of waterways contingent on ending control of Iran’s agents over parts of Yemeni mainland
Minister Jaasous discusses with US Ambassador enhancing women’s role peace process
Cabinet approves establishment of Dhalea General Hospital Authority
President al-Alimi: It's important to build on deterring Iranian regime to end threat of its militias
President al-Alimi: Houthi militia’s hostile approach makes regaining state institutions priority
Leadership Council discusses mechanisms for responding to repercussions of local, regional developments

About Saba News Agency | Usage Agreement | Contact Us