00:01 Working in Yemen,
00:02 I can see firsthand how the conflict is really a process of
00:06 crippling social and economic prospects for 30 million people.
00:10 You know,
00:11 people without jobs or pay are unable to feed their families,
00:14 and that has a really destructive bearing on pursuing life itself.
00:19 It's a vicious circle that needs to be broken,
00:21 and in my experience,
00:23 we can break the cycles of violence when we develop
00:26 pragmatic and best fit solutions that create jobs.
00:31 With the support of the World Bank,
00:33 the Social Fund has produced
00:35 over a quarter of a million jobs in the last 2 years alone.
00:38 And in doing so,
00:39 the Social Fund has become a beacon of hope across every part of the country.
00:44 We instill confidence in people's abilities,
00:47 which really has a ripple effect across society.
00:51 Just by illustration,
00:52 we know of many thousands of combatants that have stopped fighting
00:56 to pursue livelihoods in farming or building community infrastructure.
01:00 They are participating in our development efforts
01:03 and as a result,
01:04 millions of Yemenis have access to locally grown
01:08 food and vital community services,
01:10 and I believe our presence on the
01:12 ground is immensely important to achieve stability.
01:15 So in the coming years,
01:16 Social Fund and the World Bank will build
01:18 on that momentum that we've already established,
01:21 and we will go that extra mile building on our achievements,
01:25 though it will require a plurality of initiatives rather than a single focus.
01:31 Therefore,
01:31 I would like to see our partnership grow
01:33 beyond social protection to encompass private sector development,
01:38 infrastructure,
01:39 strengthening Yemen's human capital.
01:41 I believe enhanced capacity and a more stable Yemen go hand in hand,
01:45 and I believe the World Bank can play a big role in helping us achieve that.
01:50 So thank you.
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