Yemen’s Big Share of WB Projects [Archives:2000/32/Local News]

August 7 2000

A press release issued by the World Bank reported that Yemen, which has the largest number of projects: (four) approved this year in Middle East & North Africa region, benefited from an IDA concessional lending this fiscal year after receiving US$144.8 million.
Yemen also received a commercial debt reduction grant of US$15.1 million in fiscal year 2000.
Total IBRD and IDA lending for the MENA region reached about US$34 billion by the end of fiscal year 2000. Yemen which was one of the major IDA beneficiaries, cumulatively received in commitments up until June 2000 US$1.8 billion.