WB to consider mechanisms on unified channels for aid delivery

NCIAHRV, JIAT discuss joint coordination, cooperation

The Chairman and members of the National Commission to Investigate Allegations of Human Rights Violations (NCIAHRV) discussed today in the interim capital of Aden with the Chairman and members of the Joint Incidents Assessment Team (JIAT) in Yemen ways to enhance cooperation and coordination between the two sides.

The victims toll of Israeli annihilation war on Gaza rises to 45,059 martyrs,107,041 injured

The mortalities toll of the Israeli occupation extermination warfare on the Gaza Strip since October 2023 has risen to 45,059 martyrs and 107,041 injured.

Canada's federal budget deficit rises to $61.9 billion

The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.

Arabian Gulf Cup Football Federation announces kickoff of 26th tournament referees course

The Arabian Gulf Cup Football Federation announced the launch of the 26th Gulf Cup referees course at the referees' residence in the Kuwaiti capital, which is preparing for the tournament's kick-off on December 21.

Last Update: ، 2024/12/22 Time 06:02:41
Latest News:

Maj. Gen. al-Zubaidi, Ambassador of Djibouti discuss coordination of positions to secure international ..

Yemen condemns car-ramming attack in German city of Magdeburg

Yemen welcomes UN resolution on Israel's obligations regarding UN activities in Palestin

General al-Zubaidi Commends Kuwait's Support for Yemen

Leadership Council continues discussing developments in national affairs

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.