Iraq gifts Yemen $5 million
Iraq is to give a $5 million aid to support the development process in Yemen, Iraqi ambassador to Yemen said Tuesday.
In his statement to Saba, Asad al-Samarai said that Iraq is studying now the participation in the coming conferences of donor countries and organizations for Yemen.
Al-Samarai described the Yemeni-Iraqi relations as historical, saying many agreements were signed between the two countries and the last one was the agreement of re-activating the Yemeni-Iraqi joint ministerial committee on November 18, after being suspended since 2002.
Concerning the ongoing political developments on the country, the Iraqi ambassador praised the unique model adopted by the Yemeni political sides to tackle the last year crisis through the Gulf initiative, a move that steered Yemen away from a potential civil war.
- Jordan's King Abdullah has a 10-year plan for the country's economy
- Dubai's economy could have an optimistic future with a 5.6 percent growth this year
- Ups and downs: Jordan's public debt is up and ratio to GDP is down
- Potential for investment in Africa? Dubai is looking into it!
- Literally depressing: economic hardship pushing lebanese towards depression