World Bank Approves US$30 Million to Support Financial Inclusion and Education in Yemen
Yemen, June 18 -- The World Bank's Board of Executive Directors approved US$30 million in new grants to Yemen to help strengthen digital financial infrastructure and sustain access to basic education for children in most disadvantaged areas. The financing supports two new operations that aim to improve access to critical services while bolstering institutional resilience.The first grant of US$20 million will finance the Yemen Financial Market Infrastructure and Inclusion Project, implemented by the United Nations Development Programme (UNDP). The second, a US$10 million grant, will support the Sustaining Education and Learning Project, implemented by the United Nations Children's Fund (UNICEF).More than a decade into the conflict, Yemen rem...
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