Almotamar Net - It is expected that the ministry of planning and international cooperation is to finalize, in the coming few weeks, the agreement with the regional and Gulf Funds on the financial allocations that have been approved for the investment program

Friday, 02-February-2007
almotamar.net - It is expected that the ministry of planning and international cooperation is to finalize, in the coming few weeks, the agreement with the regional and Gulf Funds on the financial allocations that have been approved for the investment program.

Deputy planning minister of Yemen Dr Yahya al-Mutawakil said in a press statement on Thursday that coordination with Funds would be during visits of government delegations to offices of the Funds as well as visits by the Funds to Yemen to save time for speeding up of finishing the agreements.

He added that the regional and Gulf Funds had in London donor conference pledged a sum of $ 5.2 billion for funding Yemen's projects, pointing that financial pledges will be directed to projects reflecting priority for the Yemeni government and translating interest of the Funds and donor countries and connected to the principle of continuation in supporting the same areas the Funds are supporting.

Al-Mutawakil also mentioned that the investment program includes 85 projects in sectors of infrastructure, human resources, productive sectors and government services and other projects.

This story was printed at: Tuesday, 09-June-2026 Time: 11:18 AM
Original story link: http://www.almotamar.net/en/1931.htm