VOL. XLV

No 33

19-August-2002

YEMEN

Yemen Receives Multilateral Loans ForWater, Electricity and Development Projects

The World Bank on 1 Augustannounced that it has approved a loan worth $130mn to Yemen to helpfinance projects costing $150mn ($20mn to be financed by the Yemen Government)to upgrade water supply and sanitation services in densely populated urbanareas. The loan is interest-free and will be disbursed by the InternationalDevelopment Agency (IDA) on standard terms with a 10-year grace...