WB intends to increase Yemeni aid

A delegation from the World Bank announced on Saturday the bank’s intention to increase its support and aid to Yemen, and said that it will work with donors and their partners to heighten their support for reform and development programs in Yemen.  

Executive Director of the World Bank in the U.S. Whitney Debevoise met with President Ali Abdullah Saleh and discussed the WB’s wish to widen its cooperation with Yemen.  The meeting discussed projects and bank finances currently being implemented, as well as future projects that the bank will carry out. 

The meeting also reviewed financial, administrative and judicial reforms implemented in the country.  Debevoise valued the Yemeni achievements towards enhancing the independence of judiciary, reinforcing transparency and combating corruption. 

Saleh, in return, praised the WB’s role and its assistance to back the country in development and reform processes, as well as its efforts during the London Donor Conference in November 2006. He stressed the country’s intention to keep on such endeavors until desirable goals are achieved.

Debevoise met with Prime Minister Ali Mujawar on the same day and held talks regarding the WB’s relationship with Yemen in development fields of restructuring and administrative reforms. This is in addition to the technical support of the WB in improving investment environment and enhancing organizational structure of bidding sector, combating corruption and transparency. 

The WB delegation said that it will strongly support the Yemeni government in implementing financial, administrative, and judicial reforms and the programs that Yemen is doing. 

Mujawar reviewed the government’s vision to face current challenges of development in sectors of infrastructure, electricity, growth of population and lack of water resources. 

He expressed hope for Yemen to get further financial and technical support from the WB to go ahead in carrying out the reforms agenda and to reduce the impact of increased food prices.

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