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PRESS RELEASE

World Bank Prepares to Help Yemen Implement the Outcomes of the Historic National Dialogue

November 12, 2013

High level visit aimed at laying the foundations for support beyond the transition period

SANA’A, November 12, 2013 — The World Bank Regional Vice President for the Middle East and North Africa, Inger Andersen, concluded a two-day visit to Yemen focused on highlighting the urgent need for ongoing international support in the post National Dialogue period. The visit provided a critical opportunity to discuss the recent developments in the National Dialogue, as it draws to an end, and to prepare for next challenge of putting its recommendations into action.

As we eagerly await the conclusion of this truly historic and inclusive National Dialogue, we will continue to work with the government on the social and economic reforms that will make a real difference in the lives of ordinary Yemenis.” said Andersen“In collaboration with our partners, the World Bank Group remains committed to supporting Yemen in creating the right environment for the successful implementation of the outcomes of the historic dialogue."

In her meetings with President Abd Rabbo Mansoor Hadi, Prime Minister Mohamed Salem Basendwa key government Ministers, political leaders, and selected members of the National Dialogue Committee, Andersen highlighted the necessary link between progress on the political front and the alleviation of the country’s acute economic challenges.  “Political progress will only be sustainable if accompanied with economic progress,” said Andersen.  “The young people of Yemen, its  men and women, need to see that a brighter future for their country is within reach, and that this historic transition is bringing them more jobs, better incomes, enhanced access to basic infrastructure and social services and a more transparent and inclusive political environment,” she added.

Andersen encouraged the government to carry forward the momentum on the reform agenda by focusing on good governance, transparency and accountability, and urged donors and partners to deliver on their promises with speed and efficiency in line with commitments agreed to in the last Friends of Yemen meeting.

During the visit, Andersen also held meetings with a diverse group of civil society representatives, private sector experts, academics, women leaders and private businesses, where the discussion focused on creating employment and improving governance. These events highlighted the critical role a vibrant civil society will play in forming the country’s future.  

As of October 13, 2013, the Bank’s International Development Association (IDA) portfolio consists of 21 active projects for a total net commitment of US$926 million, of which US$ 562 million remain in undisbursed balances. Since the political transition the World Bank has approved seven new IDA grants for US$317million, delivering about 80 percent of the US$400 million pledged in Riyadh.

Media Contacts
In Sana’a

Samra Shaibani
tel : (967-1) 413 708

In Washington

Lara Saade
tel : (202) 473-9887

PRESS RELEASE NO:
2014/180/MNA