The establishment of a market for development,As new ideas for fighting poverty [Archives:2004/737/Business & Economy]

The Yemeni government maintains its efforts aimed at adoption of principle and approach of partnership between the state and non-governmental organisations and in cooperation with the World Bank and other donor organisations and countries for the aim of achieving development.
In this context the ministry of planning and international cooperation has organised a program on development market and knowledge forum in association with the UNDP, which is considered the first event in Yemen and the first of its kind in the Middle East.
The market aimed the encouragement of innovated development ideas through an early funding to beginnings of such ideas and linking small projects owners who have ideas on fighting poverty to the partners who possess resources for the purpose of giving them assistance in the realization of their vision.
The market also aims at encouraging the developmental society via partnerships for finding solutions to development challenges through the work with new methods and attracting the citizens and establishments with their various trends and goals. Deputy Premier, the minister of planning and international cooperation Ahmed Soufan has stressed that the significance of Yemen's hosting of this market is represented in forming the developmental ideas and encouraging them to support the state's efforts for fighting poverty and unemployment.
The more than 3500 civil society organisations have been granted an opportunity for enhancing the performance of the market and the forward push of economic activity wheel as well as supporting the state's development ands social efforts. Deputy President of the World Bank for the Middle East and North Africa region has explained that goals of the development market program which was organised by a world competition and knowledge forum were to get acquainted with new ideas for being applied to combating poverty and ways of implementing them.
The program began in 1988 with encouraging the created developmental ideas through appropriation of $28 millions as awards and incentives to successful ideas in 61 countries and in allocating $165 thousand for the market of development in Yemen. The World Bank granted the Yemeni 7 organisations and societies winning in the competition the sum of $165 thousand in return for what they had offered of ideas for fighting poverty in the country.
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