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Add to Preferred SourcesWorld Bank reaffirmed its support for the Yemeni people in their development aspirations in the face of the ongoing conflict.
World Bank Group met with government officials and local beneficiaries of World Bank-funded projects to gain first-hand knowledge of the challenges Yemen faces after five years of conflict and identify how best the World Bank can help meet them.
“The World Bank has been an active partner in Yemen’s development for more than four decades, and we will continue our support even under the current difficult and challenging period,” said Merza Hasan Dean of the Board of the World Bank Group.“We are here today to re-confirm our commitment to support the Yemeni people, and to help preserve the critical service institutions on which millions of Yemenis depend during these difficult times,” added Ferid Belhaj World Bank Vice President for the Middle East and North Africa.
The World Bank visit comes on the heels of a new Country Engagement Strategy to guide its support to Yemen over the next two years. The strategy focuses on strengthening the resilience of Yemeni families and communities to help them cope, giving top priority to preserving institutional capacity, improving service delivery resilience, and providing support to conflict-affected poor and vulnerable Yemenis. The Bank further announced last month $400 million in new grants from IDA, the World Bank’s fund for the world’s poorest countries, to ensure that millions of vulnerable Yemenis have access to critical health and nutrition services, social welfare benefits and income opportunities.
The Bank has leveraged its strong partnerships with UN agencies and local institutions to support Yemenis across the whole country and will continue to do so in the future.
Original source: World Bank
Published on 01 July 2019