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Badheeb: WB agrees to finance sustainable development program for fisheries

[10/06/2022 03:36]

Aden – Saba
Minister of Planning and International Cooperation, Dr. Waed Badheeb, said, "The Board of Directors of the World Bank has approved financing the sustainable development program for fisheries in the Red Sea and Gulf of Aden, with a grant of 41.15 million US dollars."

In a statement to the Yemeni News Agency (Saba), Minister Badheeb added, "The funding of the program came after unremitting efforts made by the Ministry of Planning and International Cooperation in mobilizing resources and strengthening cooperation with international donors."

The Minister of Planning indicated that the funding will be through the United Nations Development Program in addition to a grant to the Regional Authority for the Preservation of the Environment of the Red Sea and Gulf of Aden at an amount of $3.85 million, pointing out that this project is the first of a series of projects aimed at strengthening cooperation.