Almotamar.net - Yemen and the World Bank (WB) signed in Washington Tuesday an agreement for the additional financing of the third stage of the project of the Social Fund for Development with an amount of $10 million.
The funding aims to provide support for Yemen to encounter the world crisis of rise in prices of food materials and the effect of that on the poorest groups in Yemen. The funding would improve the performance level of the Social Care Fund.
Well-informed Sources at the Yemeni embassy in Washington pointed out to almotamar.net that there was a signing of an agreement of the third additional loan for the third stage of the public works project with a sum amounting to 18 million and 800 thousand units of special rights of drawing, equaling of $ 28 million and 840 thousand to support Yemen's strategy for development of the infrastructure.
The two agreements were signed for the Yemeni side by ambassador Abdullah al-Hajri and for the WB by Deputy President Daniela Gresany. The signing ceremony was attended by Yemeni commercial attaché at the Yemeni embassy and a number of WB officials.
The Saudi aggression and its mercenaries continued to breach the UN-sponsored ceasefire in several provinces, a military official on Saturday.
The Saudi warplanes waged a series of raids on Serwah of Mareb province and launched raids on al-Ghail district of Jawf province. At the same time, the Riyadh's hirelings pounded on al-Ghail distirct with artillery shells.
The warplanes waged many raids on al-Amri areas in Dhubab district, al-Shurajah area, al-Dhabi area in Haifan of Taiz province. The hirelings pounded houses in al-Sarari village and others neighboring villages in Saber-al-Mawadem district
The national delegation to Kuwait consultations called on the international community to move urgently to stop the military escalation of the Saudi-led coalition in Yemen.
“As we strongly condemn this dangerous escalation, we call on the international community and the United Nations to assume their responsibility and move urgently to stop this escalation”, the delegation said in a statement issued Friday.
The national delegation underlined that such escalation comes in light of the UN-sponsored peace consultations in Kuwait, which require creating appropriate conditions by all parties