Arab Today, arab today 65m loan agreements with idb ratified in yemen
Last Updated : GMT 21:56:20
Arab Today, arab today
Arab Today, arab today

$65m loan agreements with IDB ratified in Yemen

Arab Today, arab today

Arab Today, arab today $65m loan agreements with IDB ratified in Yemen

Sanaa - Saba

 President Abd Rabbo Mansour Hadi issued on Monday lawsNo. (16 and 17) for 2014 ratifying two loan agreements with Islamic DevelopmentBank (IDB).The first agreement signed 25 July 2013 showed that the IDB lends Yemen $15million to contribute to financing the rural development project in Yemen.Under the second agreement signed 7 march 2013, the Bank gives Yemen a loan of$50 million to contribute to financing the youth employment project via laborintensive public works project.

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