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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Khabar Khair Administration

Khabar Khair Administration

Delivery of the Rehabilitation Project for 17 Back Alleys in the Cairo Area in Aden Governorate

  April 22, 2024

Khabar Khair (Only Good News) The local authority in Al-Mansoora district in Aden Governorate has received the rehabilitation project for (17) back alleys in the Cairo area from the implementing […]

Signing Five-Year Assistance Agreement between United States and the Republic of Yemen

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Khabar Khair (Only Good News) Yesterday, Minister of Planning and International Cooperation Dr. Waed Abdullah Batheeb and United States Agency for International Development (USAID) Country Director for Yemen Kimberlee Bell […]

A New $4.85 Million Grant to Support WFP’s Malnutrition Treatment Efforts in Yemen

  April 21, 2024

Khabar Khair (Only Good News) The United Nations World Food Programme (WFP) in Yemen has received a new $4.85 million grant from Saudi Arabia through King Salman Humanitarian Aid and […]

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