Washington signs an agreement to accelerate the growth of Yemen’s economy for 5 years

Washington signs an agreement to accelerate the growth of Yemen’s economy for 5 years

Yemen – The United States of America announced, on Sunday, that it had signed an aid agreement with the Yemeni government for a period of five years, to accelerate economic growth in the Arab country, which is facing one of the worst humanitarian crises in the world.

The Washington Embassy in Yemen reported, through a statement published on its website, that “the Yemeni Minister of Planning and International Cooperation, Waed Abdullah Badib, signed with the Regional Director of the United States Agency for International Development (USAID) in Yemen, Kimberly Bell, a five-year assistance agreement.”

The embassy added, “The agreement specifies how development assistance provided by USAID will accelerate economic growth in Yemen, improve access to water, health, and education services, and strengthen governance.”

The statement did not provide any target numbers for the expected growth in Yemen during the next five years, or the value of the expected support during that period.

The embassy noted that “USAID has provided more than $5.8 billion in humanitarian and development assistance to support the Yemeni people since 2015.”

The statement quoted Kimberly Bell as saying: “The United States and the government of Yemen have a fruitful partnership that endures even in the face of the unprecedented challenges we face today.”

Due to the repercussions of the war, Yemen is suffering one of the worst humanitarian and economic crises in the world, with more than 20 million people in need of aid, according to the United Nations.

For regarding two years, Yemen has witnessed a lull in a war that began regarding 10 years ago between forces loyal to the legitimate government and the forces of the Houthi group, which has controlled governorates and cities, including the capital, Sanaa, since 2014.

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2024-04-21 13:29:34

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