Germany will provide USD110 million to support Yemen’s development initiatives in the next two years, according to Germany’s envoy to Yemen, Michael Klor-Berchtold.
The funding was announced during an Oct. 3 joint press conference held by Klor-Berchtold and Abdul-Karim al-Arhabi, Yemen’s minister of planning and international cooperation, at the conclusion of the annual Yemeni-German consultations.
Al-Arhabi confirmed that the ministerial meeting of Friends of Yemen, which Saudi Arabia will host next year, will tackle economic issues, focusing on determining trends of development assistance to Yemen in line with the nation’s economic needs, Saba reports.
Meanwhile, Italy has reaffirmed its support for development and stability in Yemen. Hisham Sharaf, Yemen’s deputy minister of planning and international cooperation, met with Alessandro Fallavollita, Italy’s ambassador to Yemen, last week to discuss issues on bilateral cooperation, Yemen Observer reports.