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Yemen gets $2 million from Islamic Development Bank
Yemen, Economics, 10/4/1999
The board of directors of the Islamic Development Bank agreed to Yemen's request to participate in a project for establishing water barriers in Abyan governorate to increasing water reserves as well as to benefit frmo flood water in irrigation instead of wasting it in the sea.
A statement issued by the Yemeni embassy in Cairo said the bank, which takes the Saudi city of Jeddah as its headquarters, agreed to participate in the project with 70% of the total cost, which is estimated at $2 million, knowing that the Yemeni government will provide the remaining amount from the general budget.
Previous Stories:
150 Million Yen a Japanese donation for Yemen
(9/17/1999)
Sudanese Cabinet approves trade agreement with Yemen
(9/13/1999)
Yemen's foreign debts worth 4.76 billion dollars
(8/26/1999)
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