Middle-east Arab News Opinion | Asharq Al-awsat

Donors pledge $6.4 billion in aid to Yemen - ASHARQ AL-AWSAT English Archive
Select Page

RIYADH (Reuters) – A group of international donors pledged $6.4 billion of aid to Yemen, to help the impoverished country rebuild after it was hit by political unrest and an insurgency waged by Al Qaeda, a senior World Bank official said on Tuesday.

“The total number is $6.396 billion, to fund the short term and portions of the long term,” Inger Andersen, vice president for the Middle East and North Africa at the World Bank, said at a donors’ meeting in Riyadh.

The figure includes $3.25 billion in aid already pledged earlier by Saudi Arabia, of which a $1 billion loan has been paid to Yemen’s central bank. The United States and Britain are among other donors.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube