Germany Commits Additional 3.8 Billion YR to Yemen for Development Cooperation [Archives:1999/20/Local News]

May 17 1999

As the end of negotiations between the Republic of Yemen and the Federal Republic of Germany, which took place in Bonn on May 5 and 6, 1999, it was agreed that Germany would commit an additional 45 million DM, appr. 3.8 billion YR, as grants within the framework of the Yemeni-German development cooperation. Out of this sum, 25 million DM (appr. 2,125 billion YR) will be allocated for financial cooperation for water supply and sanitation projects, implemented by the kreditanstalt fr Wiederaufbau (KfW) among others, in the towns of Bajil, Beit Al-Faqih, Ibb and Sa’adah. Furthermore, 20 million DM, appr. 1.7 billion YR, will be utilized for technical cooperation projects, for agriculture and health among other things, and, a new project, for the Central Organization for Control and Auditing (COCA).

The Yemeni delegation, headed by the Minister of Planning and Development, Mr. Ahmed M. Sufan, met with the German Federal Minister of Economic Cooperation and Development, Ms. Heidemarie Wieczorek-Zeul on May 5. It is expected that she will visit Yemen in November of this year to mark the 30th anniversary of the resumption of diplomatic relations and of continuous cooperation between Yemen and Germany.
The total volume of financial and technical cooperation between Germany and Yemen from 1969 to date amounts to 784 million DM (appr. 66 billion YR) and to 450 million DM (appr. 38 billion YR) respectively.