VOL. XLVI

No 24

16-June-2003

YEMEN

World Bank Approves $24Mn Loan For Sana Basin Water Management Project

The WorldBank on 4 Juneapproveda loan worth $24mn to help finance a project to increase the quantity and useful life of the available water resources in the Sanabasin in Yemen. The loan has a maturity of 40 years including a 10-year grace period. The project also aims to increase the efficiency of agricultural use allowing for a gradual shift to a less water-based rural economy through water...