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Yemen: Rural development to be funded by IDB

Posted on 15 November 2010

From Yobserver.com: The Cabinet approved on Tuesday the loan agreement signed on July 23 with the Islamic Development Bank (IDB), as Director of the Islamic Solidarity Fund for Development (ISFD). Under this agreement the IDB will contribute to funding of the project to support rural development opportunities with an amount of Islamic Dinar 8.33 million, USD 12.5 million.
The Cabinet directed the concerned ministers to follow up the completion of the legal and constitutional procedures required to endorse the agreement……………………………………….Full Article: Source

 
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