World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

U.S. Contributes $30 million to Yemen's Social Welfare Fund

U.S. Contributes $30 million to Yemen's Social Welfare Fund

August 4 2014


Press Statement
Jen Psaki
Department Spokesperson, Office of the Spokesperson

Washington, DC

In support of President Hadi and the Yemeni government’s efforts to better meet the aspirations of all Yemenis and set their country on the path to stability and prosperity through economic reform and development, the United States is pleased to announce the approval of a $30 million contribution to Yemen’s Social Welfare Fund. This assistance underscores the United States’ commitment to a comprehensive partnership with Yemen to support meaningful reform through the Gulf Cooperation Council (GCC) Initiative process and address mutual security challenges.

The United States commends President Hadi and the Yemeni government on reform measures taken to stabilize the country’s economy and better address the needs of Yemen’s citizens. We will stand with the international community to support Yemen in its continued economic reform and development process to fulfill the vision of the National Dialogue and GCC Initiative. Yemen’s economic strength will be the foundation of a prosperous and secure future.

Since the beginning of Yemen’s transition in November 2011, U.S. assistance to Yemen has totaled over $800 million. The United States remains committed to continuing to support the Yemeni people throughout the transition process and beyond.

A fact sheet on U.S. assistance to Yemen can be found here: http://www.state.gov/p/nea/rls/2014/222781.htm

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

Another US Court: Fourth Circuit Rules Muslim Ban Discriminatory

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>

ALSO:

Le Pen Beaten: English Congratulates Macron On French Election Win

Prime Minister Bill English has this morning congratulated Emmanuel Macron on his victory in the French presidential election. More>>

ALSO:

Gordon Campbell: On The French Election Result

Macron is shaping as the third major test case, after Bill Clinton, after Tony Blair – on whether the aim of ‘progressive social policy’ and realities of ‘neo-liberal economic settings’ can be made to credibly co-exist within the same sentence, let alone within the decrees from the Elysee Palace. More>>