The Regional Representative of the International Fund, Ghazi Shbeikat, announced that Yemen will receive $665 million from International Monetary Fund reserves, which will help alleviate a severe economic and humanitarian crisis in the war-torn country. The amount represents Yemen’s share of the liquidity that the International Monetary Fund will supply to global markets, by increasing its reserves of Special Drawing Rights, with a total value of 650 billion dollars, distributed based on the members’ shares in the Fund’s reserves. He added that the allocation of special drawing rights will boost Yemen’s foreign exchange reserves by more than 70 percent and will provide much-needed support to help address the crisis, including the urgent food and medical needs of the population.

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Khabar Khair Administration

Khabar Khair Administration

Nahda Makers launches the distribution of agricultural kits in Hadramout Governorate

  November 16, 2024

Source: Nahda Makers organization Nahda Makers organization, in coordination with the local authorities, launched the distribution of the Agricultural kits for the Farmers FFA Beneficiaries within the Program of “From […]

The Yemeni Red Crescent Society in Marib Launches Distribution of Shelter Assistance to 1,000 Displaced Families with Danish Funding

  November 15, 2024

Source: Saba News Agency The Yemeni Red Crescent Society in Marib Governorate launched, on Thursday, the distribution of one thousand shelter kits to displaced families affected by the floods and […]

15 Water Projects Inaugurated in Marib, Funded by UNICEF

  November 14, 2024

Source: Saba News Agency 15 water projects were inaugurated and launched in Marib Governorate on Wednesday, at a total cost of more than 1.3 million US dollars, funded by UNICEF. […]

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