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Minister: Yemen needs $28bn for reconstruction

May 7, 2019 at 2:02 pm

A Yemeni man inspects the damage caused by a Saudi-led air strike on a cholera treatment centre in Yemen on 11 June 2018 [ESSA AHMED/AFP/Getty Images]

Yemen’s Minister of Planning and International Cooperation, Dr. Najeeb Mansour Al-Auj. said his country needs at least $28 billion for economic and development reconstruction over the next four years.

Al-Auj said in remarks to the Arabiya Al-Hadath news channel yesterday that the Yemeni ministers are making progress in discussions with the International Monetary Fund, the World Bank and international institutions to facilitate the flow of funds to the Central Bank of Yemen.

He stressed on the importance of donors’ assistance for development in Yemen, which is carried out under the auspices of the United Nations.

“The Yemeni government is following up with donors including Arab brothers and donors from around the world and international institutions to implement development projects and humanitarian assistance in all Yemeni provinces,” he said.

Al-Aruj stressed on the need to focus on developmental work in the country in order to provide basic services, reduce unemployment and create jobs as well as rebuild the infrastructure of public services in the areas affected by the war in Yemen.

READ: Yemen war one of most destructive since Cold War