Kingdom urges donors to fulfill Yemen aid pledges


Published — Saturday 9 March 2013

Last update 9 March 2013 3:46 am

| نسخة PDF Print News | A A

Saudi and Yemeni ministers yesterday pledged support for reconstruction efforts in Yemen.
Minister of State for Foreign Affairs and head of the kingdom’s delegation to the ministerial meeting of the Friends of Yemen in London Nizar Madani, British Foreign Secretary William Hague and Yemeni Foreign Minister Abu Bakr Al-Qirbi held a joint press conference in London at the conclusion of the meetings of the Group of Friends of Yemen at the ministerial level.
“We in fact feel a lot of optimism for the international will to help Yemen, but we are looking forward to translating this international will to steps on the ground,” Madani said.
He pointed out that the international community pledged last year $ 9.7 billion to support reconstruction efforts and political transition in Yemen. He said it is time to fulfill those promises, especially since Yemen has made significant progress since the adoption of the initiative of the GCC. The progress included forming a government of national reconciliation and launching a national dialogue to oversee the drafting of a new constitution followed by parliamentary and presidential elections.
“This process is now on track,” he said.
He added that “despite all achieved gains and accomplishments, there is still a lot of challenges and risks, and there is still much to be done, both at the level of security and economy.”
Madani called for the continuation of international support.
He said: "We talked at the meeting about the assistance provided by the Kingdom in the past five years, which exceeded $ 3 billion." The Kingdom also announced in meetings in 2012 new pledges totaling $ 3.5 billion, including a $ 1 billion as deposit in the Central Bank of Yemen to support currency stability in Yemeni in addition to the allocation of $ 1 billion and $ 750 million for financing projects and humanitarian aid as well as $ 500 million to finance and guarantee Saudi exports.
The Saudi Fund for Development contributed $ 100 million to support the electricity sector and a package of aid to finance development projects.
Madani highlighted Saudi-Yemeni cooperation in the field of fighting terrorism.
Hague said the United Kingdom is proud to play a leading role in supporting Yemen, adding that Yemen is now half-way through a peaceful transition and is on the road to full elections in 2014.
Al-Qirbi commended Saudi Arabia's generous support for Yemen.

What's happening around Saudi Arabia

JEDDAH: Labor Minister Mufrej Al-Haqabani has launched a series of electronic projects and facilities provided to the private sector companies, the SPA reported on Sunday.The projects and facilities include electronic visa issuance for the distinguis...
RIYADH: A high-powered team of officials from the Ministry of Health visited the hospitals in Jazan in the southern border to ensure services are in place to serve the patients in the region.The group of officials, comprising Dr. Nahar Al-Azmi, Dr. T...
YANBU: Like many Saudi women, Amani dreamt of becoming a mother, but was unable to have children of her own after many years of marriage. Therefore, she decided to spend her time taking care of orphans with special circumstances in Makkah.However, th...
RIYADH: A total of 43 warehouses were shut down in Jeddah for failing to take safety and health measures.Officials of the general department of Civil Defense in Jeddah carried out inspection at 165 industrial complexes in the industrial zone recently...
JEDDAH: A quarrel between two girls at the Al-Zahour Orphanage in Makkah took a violent turn recently, with one of them reportedly using a sharp instrument to attack the other and injuring her.The attacker was sent to a correction center, while the i...
RIYADH: A woman and three men died on Sunday after contracting the Middle East Respiratory Syndrome coronavirus (MERS-CoV) in Riyadh, bringing the total number of deaths to 507 since June, 2012.According to the latest report issued by the Ministry of...

Stay Connected