Medium-Term Cover Restored for Yemen [Archives:2000/26/Local News]
June 26 2000
The Export Credit Guarantees (ECGD) in London has announced that medium-term cover has been restored for Yemen after an absence of several years: complementing the overseas Investment Insurance which was announced as part of the Highly Indebted Poor Countries initiative. This now means that Yemen benefits from the full range of ECGD support facilities.
Thus, as Yemen is categorized as a Highly Indebted Poor Country, ECGD cover will only be considered for projects involving productive expenditure.
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