Najib Mikati
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World Bank to provide $400 million to address crisis challenges in Yemen

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2 days ago
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The World Bank (IDA) has approved recently granting Yemen an additional financial resources of up to $400 million during the current cycle.

Afrah Al-Zouba, the internationally recognized government minister of Planning and International Cooperation revealed that during a consultation session  with the World Bank Group Sunday to discuss the new Country Strategic Partnership Framework for the period 2026–2030.

During the online discussion Al Zouba affirmed the government’s aspiration that the new partnership framework will reflect national priorities and support advanced development programs, with a focus on reform efforts and regional coordination as a key pillar for upcoming work.

She noted that all technical comments and proposals presented during the online discussion will be incorporated into the official document before it is submitted and approved by the World Bank’s senior management.

For their part, the participating ministers of Health; Agriculture, Irrigation and Fisheries; Water; Electricity; Education; Public Works; and Social Affairs delivered remarks emphasizing the need to direct support toward the most vital sectors, such as healthcare, road infrastructure, food security, and social protection, while stressing the importance of investing in health insurance and the sustainability of public services.

Meanwhile, the World Bank Country Office Director in Yemen, Dina Abu Ghaida, reviewed the features of the proposed partnership framework, recalling the achievements made during the previous period (2022–2025), which amounted to approximately $1.6 billion in financing.

Abu Ghaida concluded by reaffirming the World Bank’s commitment to continuing technical and financial support for Yemen, and to working with international partners to strengthen development programs and ensure an effective response in the coming years.

جميع الحقوق محفوظة © قناة اليمن اليوم الفضائية
جميع الحقوق محفوظة © قناة اليمن اليوم الفضائية