Prime Minister, World Bank hold talks on re-organizing projects

A government source confirms full support for Saudi-Emirati mediation to end escalation and for withdrawal of the Transitional Forces from Hadramout, al-Mahrah

An authorized official in the Yemeni government stated that His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC)—Commander in- Chief-- was briefed along with a number of Council members and members of the National Defense Council on the situation in Hadramaut governorate, including the hostile military operations of the Transitional Council in recent hours, and the grave violations against innocent civilians in the governorate.

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).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/27 Time 08:26:05
Latest News:

UK REAFFIRMS COMMITMENT TO YEMEN'S UNITY AND SOVEREIGNTY

Leadership Council Chairman Presides Over Meeting of National Defense Council

Arab Parliament Reaffirms Support for Yemen's Unity and Government

Yemen Ambassador, Chinese Official Discuss Yemen Developments

Jordan welcomes Saudi Arabia's statement on recent developments in Hadramawt and Al-Mahra

Prime Minister, World Bank hold talks on re-organizing projects

[05/06/2020 08:36]

RIYADH - SABA
Prime Minister Ma'een Abdulmalik, the Deputy Head of World Bank for the Middle East and North Africa Farid Balhaj, with attendance of the WB's Executive Director Mirza Hassan held Friday talk session via video conferencing.

The talks focused on cooperation between the government and the World Bank on combating corona endemic and reorganizing priorities in implementing the projects financed by the WB for contribution in alleviating humanitarian crisis and coordination in this field.

Minister of Planning and International Cooperation Najeeb al-Awej and the Head of the Executive Bureau for Absorbing Donor's Pledges Ala'a Qasem attended the talks, which touched upon improving mechanisms of programs intervened by the WB and the International Monetary Corporation and focusing on providing direct support to the citizen, supporting the state institutions and the government efforts for facing climate changes.

The convening parties discussed suggestions and visions helping the government to continue providing subsidies to Yemeni merchants for importing basic needs and building partnerships with private sector for carrying out vital projects and expanding the process of paying salaries of public employees to alleviate intensity of the humanitarian crisis.

The two parties discussed also a number of common concern issues, boosting national efforts for facing corona virus and including Yemen within the bank's new regional projects and pardoning it from debts due to current challenges the country faces.

Prime Minister reviewed the critical economic situation of Yemen under corona endemic and natural catastrophes and their effects on health, humanitarian and service levels, thanking the WB for emergency response to the projects of facing corona virus and combating locusts and endemics.

For its part, the leadership of the World Bank appreciated exceptional efforts made by the government in this critical stage, pointing to the organization's care to include Yemen within its new projects.