WB official: Int'l financial crisis will not affect the bank works

WASHINGTON, Oct. 14 (Saba)- The Executive Director of the World Bank
Khwan Dabob expressed on Tuesday his satisfaction with the
development of good governance in Yemen as well as the serious steps
Yemen has taken to improve investment environment.

He affirmed that the international financial crisis will not affect
works of the World Bank in Yemen, noting seriousness of the WB to
support Yemen financially to face the increasing prices of foodstuff.

For his part, Minister of Planning and International Cooperation
Abdul-Karim al-Arhabi, during his meeting with Dabob, expressed
appreciation of the Yemen government for the WB decision to increase
financial assistance for Yemen and allocate financial grants instead
of soft loans which were offered for Yemen in the previous period.