Yemen's Planning and International Minister Mohammad Al-Saadi met on Saturday with a team of the World Bank, the European Commission and the UN Development Programme tasked with considering Yemen's needs in the upcoming stage.
In the meeting, both sides discussed technical details, evolution studies of Yemen's priorities as well as tackling economic consequences resulted by the political crisis Yemen witnessed in the past eleven months.
Meanwhile, the Kuwaiti Information Minister Hamad Jabir Al-Sabah said that Kuwait would take part in constructing Yemen, pointing out that studies are currently considered to fund development projects in Yemen.
In remarks to the Kuwaiti News Agency, he highly appreciated the Yemeni laborers, saying that they constructively participated in the Kuwaiti development and construction.
Yemen Prime Minister Mohammad Salem Basidiwa has said during his trip to the Gulf Cooperation Council states last month that they would step up assistance to Yemen, pointing out that they expressed their willingness to sustain projects of infrastructure and services in Yemen.
He made clear that Yemen needs billions of dollars in aid, indicating that GCC states would offer financial assistance to Yemen following political turbulences the state.
Yemeni economists have recently demanded the donor states to remit all Yemen's debts that have been borrowed in the reign of the outgoing President Ali Abdullah Saleh, citing that the donor conference on Yemen to be held in March in Riyadh, would enable the government overcome economic challenges.
Yemen's external debts amounted to more than $5,328,000 billion until the late of last Jane.
According to a report released by the Central Bank of Yemen, Yemen's debts owed to the member states of the Paris Club are about $1,746,000 billion, including $1,181,000 billion to Russia.
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