IDA provides $40 million to Yemen for rural road projects
The Source: www.sabanews.net - 16/11/2009
Home \
Local News
Yemen and the International Development Association (IDA) have signed an agreement to provide $ 40 million through the World Bank in support for the rural roads projects and the road maintenance fund. Deputy Minister of the Ministry of Planning and International Cooperation for Projects Programming sector, Abdullah Al Shater said the agreement came within the frame work of boosting cooperation between Yemen and IDA, praising IDA's efforts in supporting development in Yemen .The International Development Association (IDA) is the part of the World Bank that helps the world's poorest countries.Established in 1960, IDA aims to reduce poverty by providing interest-free credits and grants for programs that boost economic growth, reduce inequalities and improve people's living conditions.
|