VOL. XLIV

No 37

10-September-2001

YEMEN

IDA Approves $142.3Mn For YemenIn FY2001

TheInternational Development Association (IDA) announced on 8 August that it hadapproved a total of $142.3mn to support four development projects in Yemenduring fiscal year 2001 (July 2000 to June 2001). In FY2000, the IDA committed$160.5mn to the country. In a statement, the IDA said that all credits to Yemenhave 40 years maturity, including a 10-year grace period, and a service chargeof 0.75 percent per annum.

The...