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Last updated: 08:15:15 AM GMT(+03) Tuesday, 05, June, 2012
 
 

Saudi FM calls for actively supporting Yemen

 
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 Yemen Post Staff

The Saudi Foreign Minister Saud Al-Faisal has called the GCC states to actively take part in the donor meeting that will be held in Riyadh in late April with the aim of supporting Yemen.
In a speech delivered by Al-Faisal in a meeting of the GCC foreign ministers in Jeddah on Tuesday, he affirmed that the pervious meeting on Yemen held on May 23 yielded fruitful results.
He showed to the ministers the outcomes of the tenth meeting of the joint technical committee tasked with specifying the development needs of Yemen.
He further urged all the GCC states to provide the needed assistance to enable Yemeni to get out of its economic crises and recover its stability and security.
Saudi Arabia vowed on May 23 to grant Yemen $ 3.25 billion as part of its contribution to development projects that will be agreed upon by the Yemeni side in line with the transition plan submitted by the Yemeni government .
Representatives of 42 donor countries, another USD 1 billion aid was expected to be announced to help Yemen overcome political, security and economic challenges.
Yemen has prepared a phased program for the stability and development for the period 2012-13 as part of a short-term plan for restoring political, economic and social stability.
Despite the political progress made in Yemen , humanitarian conditions are deteriorating as the state needs to foodstuffs and drinking water for women and children as well as securing health care.
According to economists, Yemen's political crisis led to the fall of the domestic production 14 per cent, and affected all economic sectors.


Yemen Post Staff
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Source: Yemen Post Newspaper
 
 
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