The Regional Representative of the International Fund, Ghazi Shbeikat, announced that Yemen will receive $665 million from International Monetary Fund reserves, which will help alleviate a severe economic and humanitarian crisis in the war-torn country. The amount represents Yemen’s share of the liquidity that the International Monetary Fund will supply to global markets, by increasing its reserves of Special Drawing Rights, with a total value of 650 billion dollars, distributed based on the members’ shares in the Fund’s reserves. He added that the allocation of special drawing rights will boost Yemen’s foreign exchange reserves by more than 70 percent and will provide much-needed support to help address the crisis, including the urgent food and medical needs of the population.

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Tamara Boulos

Tamara Boulos

The United Nations Development Program (UNDP) and Japan Sign Nearly US$3.6 Million Agreement to Help Improve Port of Aden

  September 28, 2022

Image Source: Official UNDP Yemen Instagram Khabar Khair (Only Good News) In Yemen, in mid-September, the United Nations Development Program (UNDP) and the Government of Japan signed nearly a US$ […]

Deniz Feneri Association Supports the Distribution of Food Baskets to 750 Displaced Families in Marib

  September 26, 2022

Khabar Khair (Only Good News) Humanitarian Access, in partnership with DENIZ FENERI ASSOCIATION, implemented an urgent relief campaign for displaced people and those affected by events in Ma’rib governorate, benefiting […]

KSrelief Pumped Over 3 Million Liters of Water in Hodeidah

  September 22, 2022

Khabar Khair (Only Good News) King Salman Humanitarian Aid and Relief Center (KSrelief) continued the implementation of the Water Supply and Environmental Sanitation Project in Al Khokha District, Hodeidah Governorate, […]

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