WB to assign $ 371mln for three projects in Yemen

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WB to assign $ 371mln for three projects in Yemen

[20/10/2020 01:58]

RIYADH-SABA
A team of the World Bank (WB) announced that the portfolio projects allotted to Yemen which will be approved in March 2021 designed to cover the integrated projects of education, social protection and urbanization services with total cost $371 million.

The announcement came during virtual meeting on Tuesday brought together Minister of Planning and International Cooperation Dr. Najeeb al-Aweg, Minister of Education Dr. Abdullah Lamlas and the Regional Director of the WB group for Yemen, Egypt and Djibouti Marina Wes, Country Director of the WB in Yemen Tania Mayer and the technical team of the WB office in Yemen.

The projects are set to be the following: "Social Protection Project with total amount $ 200 million", the "Integrated Urbanization Project at $50 million and the Education Projects with total amount up to $121 million distributed to incentives for teachers ($44 million), School Feeding $33 million), procurements for textbooks at ( $16 million) and schools restoration at ( $14 million).