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.
Baashen: Implementation of School Restoration Projects as Part of the “Kuwait By Your Side” CampaignMay 21, 2022
Khabar Khair (Only Good News) – Fatima Rashad Last week, the Kuwait Society for Relief in Yemen began implementing its school rehabilitation and restoration projects in the governorates of the […]
Khabar Khair (Only Good News) The Government of Japan decided to extend an Emergency Grant Aid of 10 million US dollars, in response to the food crisis in Yemen. Yemen, […]
Khabar Khair (Only Good News) Building Foundation for Development – BFD is keen on the tight implementation of water management and the high efficiency of irrigation systems (drip irrigation systems […]