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.

  • Share on:
Khabar Khair Administration

Khabar Khair Administration

Distribution of Cereal Seed Inputs to 1200 Farmers in Tuban Delta in Lahj Governorate

  September 24, 2023

Khabar Khair (Only Good News) Undersecretary of the Ministry of Agriculture and Irrigation, Engineer Abdul Malik Naji and the Director of Lahj Agriculture Office inaugurated the distribution of improved and […]

American Life Organization Supports Orphans in Abyan with Sponsorship Funds and School Bags

  September 21, 2023

Khabar Khair (Only Good News) The American Life for Relief and Development Organization has successfully delivered cash bail payments for two terms through its Yemen office. Moreover, it has distributed […]

Kuwait-funded Project Opens 40 Housing Units in Ma’rib Governorate

  September 14, 2023

Khabar Khair (Only Good News) Namaa residential village for displaced people, consisting of 40 housing units, a mosque, a school, a health unit, a garden, and an artesian well, was […]

LEAVE A COMMENT