LCRDYE

An overview of the World Bank projects and results in Yemen – March 2019

The World Bank has supported development in Yemen for over 45 years. The long history and close working relationship has helped the World Bank to continue supporting the Yemeni people and key institutions during the current crisis. This update offers an overview of our projects in Yemen until March 2019.

IDA Engagement in Yemen’s Active Conflict. The Bank’s current engagement in Yemen provides critical support to Yemeni families and communities across the country. It helps the people cope with the impact of the crisis through income support, large-scale cash assistance, health and nutrition interventions, cholera response, and restoration of agriculture production. Emergency grants to Yemen are financed by IDA. Since July 2016, IDA grants have reached US$1.36bn financing emergency operations for the benefit of the Yemeni people. IDA is scaling up funding for Yemen by another $400 million (for Board approval) to finance the Emergency and Crisis Response and Emergency Health and Nutrition projects. By end of the current fiscal year, IDA’s commitments for the benefit of the Yemeni people will amount to $1.76 billion. A new Country Engagement Note (FY2020-2021) is also underway that aims at maintaining IDA’s commitment to basic service delivery for vulnerable populations and support for livelihoods, food security, and basic economic recovery.

https://reliefweb.int/report/yemen/overview-world-bank-projects-and-results-yemen-march-2019

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