Middle East Economic Survey


No 6



Yemen To Receive $500Mn In AFESD, SFD Loans

Yemen is to receive around $500mn in grants and loans from the Saudi Fund for Development (SFD) and the Arab Fund for Economic and Social Development (AFESD), according to reports from the Yemen news agency, Saba. The SFD funds are made up of five separate loans and will finance Central Hudaidah hospital, Medicine College and a series of road projects, said Saba. The AFESD loan agreements...