USA and Yemen reallocate US$ 14 million in agricultural assistance [Archives:2005/836/Local News]

US Ambassador in Sana'a and Yemen's Minister of Planning and International Cooperation signed an 'Allocation Minute' to allocate US$ 14 million in US agricultural assistance funds for a variety of development projects across Yemen.

The reallocated funds come from the proceeds of the PL-480 program for the year 2003. The PL-480 is a commodity conversion assistance program whereby agricultural products donated by the US Department of Agriculture to Yemen are sold on the Yemen market to generate funds for economic and social development projects.

The $14 million will be used to finance a variety of activities, including community development projects in Socotra, Tihama and Hajja; agricultural and livestock programs in Abyan, Mareb, Amran, Tihama and Dhamar; the building of a fishing port in Hodeida; a rural road project in Tihama; and the restructuring of the Cooperative Agriculture Credit Bank.

At the same ceremony, Minister Sofan and Minister of Social Affairs Abdelkarim al-Arhadi signed an agreement to allocate US$ 500 thousand from the 416 (b) US commodity conversion program proceeds (of 2002) to train health workers in Shabwa and al-Jawf.
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