Yemen urges WB to boost economic aid


(MENAFN- Kuwait News Agency (KUNA)) Yemeni President Abdo Rabbo Mansour Hadi on Saturday called on the World Bank (WB) and international community to increase their economic aid to Yemen in order to be able to create new jobs and push forward economic development. Meeting a WB delegation, led by Junaid Kamal Ahmad, the head of the WB's Sustainable Development, Hadi said that over 70 percent of Yemen's problems were the results of an ailing economy, poverty and unemployment. The President stressed the importance of aid in order to create job opportunities and improve economy. He said that around six million young people, 10 percent of whom were graduates, need employment. On the situation in Yemen, he said it was difficult and complex and needed large international and regional cooperation to end this crisis. Regarding the national dialogue conference, Hadi said it was "a historic and strategic step," and its outcomes would establish a modern civil state based on good governance, stressing the strong determination to reach that end. For his part, the WB official expressed his appreciation of the President's great efforts in order to tackle the crisis at the national dialogue conference on Monday, and to reach positive results, mainly the national dialogue, which is backed by the entire international community. Ahmad also pointed to the nature of the aid and grants the WB gives to Yemen at various levels of development projects. 


Kuwait News Agency (KUNA)

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