Tuesday, May 14, 2019

New US$400 Million Grant for Yemen to Address Food Security and Sustain Health, Water and Sanitation Services

The World Bank’s Board of Executive Directors today approved US$400 million in grants for Yemen to address rising rates of malnutrition and to contribute towards maintaining basic health, water and sanitation services for the Yemeni population. Along with the new funding, the Board of Directors also discussed the World Bank Group’s new engagement strategy for Yemen which will remain focused on preserving basic services and the institutions that deliver them, while also supporting livelihoods and economic recovery in preparation for an eventual peace.

The 2020-2021 Yemen Country Engagement Note sets out the strategy for the next two years for how the World Bank Group will deliver effective support to Yemen in the midst of ongoing conflict.... Read More