IBD donates $42 million for Yemeni development

The Islamic Development Bank (IDB) agreed on Saturday to contribute $42 million to finance three development projects in Yemen. 

After a discussion session, the Ministry of Planning and International Cooperation signed with the IDB an agreement stipulating the Bank’s contribution to financing the second phase of agricultural development in Abyan governorate, the establishment of silos at the port of Salif in Hodeidah governorate, and projects aimed at reducing illiteracy. 

In addition, the Ministry of Planning signed a memorandum of understanding for contributions by the British government and the IDB to finance a water supply and sanitation project in Hotah city of Lahj governorate.

Related Content

•   Children prosecute Yemen crisis in a film screened on al-Aqeeq TV
•  Yemen VP launches presidential election campaign amid different factions’ rallies of anti election
•   Confrontations break out between Sothern militants and Yemen forces, two killed
•  Innovative technology enables grass-roots election monitoring in Yemen
•   Yemen VP launches early presidential election campaign officially
•   Yemen VP, US diplomat review political settlement progress
•   Tens killed in confrontations between Houthis and Salafies in North Yemen
•   Yemen PM receives Cuban diplomat
•   UN supports Yemen presidential elections
•  Yemen VP receives British official, promises reconciliation