World Bank Backs Yemeni Social Welfare Fund

The World Bank is granting USD10 million to beef up the administration and management of a cash transfer program under Yemen’s Social Welfare Fund. The program reaches almost 1 million poor and vulnerable Yemeni households.

“The Social Welfare Fund is in a unique position to provide much-needed assistance during periods of crisis,” said Afrah Alawi Al-Ahmadi, senior human development specialist at the bank. “More generally, cash transfers can prevent low-income households from resorting to extreme measures (such as withdrawal of children from school, increased use of child labor, or sale of productive assets) in order to cope with price and income shocks.”

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.