The World Bank provides $450 million as aid for Yemen .‏

English version

اليمن العربي

The World Bank will provide $450 million in aid to help Yemen cope with a humanitarian crisis after nearly two years of war.

The amount will be split into two emergency projects designed in partnership with the United Nations Development Programme (UNDP), the United Nations Children's Fund (UNICEF), and the World Health Organization (WHO), a statement from the World Bank said. The projects were expected to assist 9 million of the neediest people,according to statement announced by the bank on Tuesday .

"The Emergency Crisis Response project will receive a grant of USD 250 million to provide income opportunities for two million highly impoverished Yemenis, including women, youth and internally displaced people," the statement said.

The first project will also strengthen the Social Fund for Development (SFD) and the Public Works Project (PWP), two key Yemeni institutions that deliver services at the community level, now critical for building up the resilience of Yemenis to cope with the impacts of the ongoing conflict."

The remaining USD 200 million will go toward the Emergency Health and Nutrition Project which will "maintain the capacity of the existing health systems, while providing health and nutrition services to an estimated 7 million Yemenis," the statement said