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Yemen Foresees Creation of Fund to Support its Development at Riyadh Conference
Published in Saudi Press Agency on 04 - 01 - 2011

Yemen's Deputy Minister of Planning and International Cooperation Hisham Sharaf, said today the Conference of the Group of Friends of Yemen will be held on schedule in Riyadh in March next year.
He said it will discuss the allocation of Fund-financing to support development in Yemen, adding that a number of files on political, security and continuing efforts to implement the national reform agenda, would also be presented at the conference.
In a statement published today, he said that there are multiple proposals on the Fund's support-funding for service projects and development after the specified requirements of the various governorates of Yemen in terms of development projects have been taken into account.
He also reiterated the desire to enhance the investment environment in Yemen, stressing the importance of using the remainder of the donor-funding during the next two years.
He disclosed that the country utilized $ 2.5 billion from donor-allocations over the past years.


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