Tuesday, May 14, 2019

Additional Financing to Yemen ECRP seeks to provide social protection

With the Board’s approval on May 14 of AF4 (US$200 million), IDA’s total contribution towards ECRP has reached US$860 million dollars.

Violent conflict, mass displacement and multiple shocks over the past few years have had a devastating effect on Yemen.The Fourth Additional Financing to the Yemen Emergency Crisis Response Project (ECRP) seeks to provide effective social protection to the poorest and most vulnerable households and communities during the crisis. The ongoing ECRP has ensured the revival and sustenance of key social protection programs focusing on immediate needs as well as long-term development and builds on partnerships with strong local development institutions, as well as UN agencies with solid technical capacity, field... Read More