Yemen


bicusa.org/yemen Home Regions Middle East and North AfricaYemen Yemen Overview Key Issues Updates Resources Contacts RSS Update \| 3 November 2008 As World Bank Group commitments in the MENA region reached over $3 billion in 2008, questions about its effectiveness remain The World Bank Group is adhering to its pledge for greater engagement in the Middle East and North Africa. However, data on the development impacts on the poor are lacking, while other data suggest that many Bank projects in the region are at risk. Read more Update \| 19 June 2008 Islamic Development Bank joins efforts to alleviate food crisis Jeddah-based development institution announces $1.5 billion contribution toward food security programs in its member countries. Read more Update \| 29 May 2008 World Bank sets up $1.2 billion facility for food aid The World Bank announced today that it has set up a financing facility in the order of $1.2 billion to assist with the global food crisis. Read more Update \| 13 March 2008 IFC takes the lead on Yemen’s tax reform While IFC meeting with government and private sector is expected to lower corporate taxes, World Bank and IMF conditions will double the General Sales Tax in 2009. Read more Update \| 7 March 2008 IFC advises Yemeni government on Public-Private Partnerships (PPP) in priority sectors Public-Private Partnerships (PPP) presents investment opportunities that could hurt the poor, who have already been hit by increasing food prices. Read more Update \| 2 January 2008 World Bank pressed to disclose documents on controversial Yemen reform program Policy conditions attached to the $50 million grant include a reduction of the civil service, land reform, and lower corporate taxes. Read more Update \| 7 December 2007 World Bank to support Yemen's economic reform agenda The World Bank approved the $50 million grant yesterday without disclosing relevant project documents. Read more Update \| 4 December 2007 BIC's MENA program organizes first workshop in Yemen The workshop introduced BIC's work to Yemeni media and civil society organizations, and focused on the activities of the international financial institutions in the country. Read more Update \| 30 November 2007 BIC now has an Arabic page for its MENA program! Partners and readers from the Middle East and North Africa region can now access information on BIC's MENA Program in Arabic. Read more Print this page Email this page		Search Regions Africa Asia Europe/Central Asia Latin America Middle East and North Africa See also African Development Bank European Investment Bank in Africa International Finance Corporation International Monetary Fund Multilateral Investment Guarantee Agency World Bank (IBRD & IDA) Middle East and North Africa Stay Informed! Sign up for our e-newsletters. SignUp

	Last updated 20 November 2008 © 2008 Bank Information Center Website content may be freely reproduced as long as BIC is credited as the source.