Yemen Monitor | Newsroom:
Senior Yemeni officials and a delegation from the World Bank held discussions on Tuesday regarding prospects for expanding cooperation to support the transportation, roads, trade, and development sectors as part of ongoing efforts to accelerate economic recovery and improve essential services in Yemen.
The talks took place during a meeting in the temporary capital, Aden, attended by several government ministers and World Bank representatives. The two sides discussed the challenges facing service and productive sectors, as well as opportunities to expand development support programs and increase investment in infrastructure projects.
The meeting reviewed progress on several development projects financed by the World Bank and examined their role in improving public services and supporting economic recovery efforts. Participants also discussed priorities for the next phase and the financial and technical resources required to achieve development objectives.
Government officials emphasized the importance of maintaining the partnership with the World Bank, describing it as a key pillar in supporting economic reform efforts and developing vital sectors. They stressed the need to direct assistance toward projects that have a direct impact on citizens’ lives and help stimulate economic activity.
The Yemeni side also presented its vision for strengthening Yemen’s role as a regional transportation and logistics hub, leveraging the country’s strategic location along major international trade routes. Officials said this could help boost trade, attract investment, and create new development opportunities.
For its part, the World Bank reaffirmed its commitment to supporting Yemen through programs and projects covering transportation, urban development, energy, water, and food security. The organization also highlighted the importance of developing joint plans that can attract additional development financing and strengthen the capacity of government institutions to implement development and reconstruction programs effectively.
At the conclusion of the meeting, both sides stressed the importance of expanding cooperation with international financial institutions and creating a more attractive environment for investment, while simultaneously preparing integrated development plans that address Yemen’s economic recovery and development priorities in the coming years.
