Yemen to seek $11 billion from donors at Riyadh conference

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Mohammed al-Saadi, Yemen's minister of planning and international co-operation, said on Wednesday (August 29th) that Yemen will seek more than $11 billion from donors at a conference scheduled next month in Saudi Arabia to support the nation's development efforts.

"What we actually need is $14 billion, but the government of Yemen can provide a part of that," al-Saadi said in a press conference. "Therefore, there is a gap of funds estimated at more than $11 billion."

The minister said the donors' meeting will discuss reconstruction, the humanitarian situation and security and stability in Yemen. The meeting will be held September 4th-5th in Riyadh.

Participants will also discuss Yemen's national dialogue, constitutional amendments, preparations for the upcoming elections and basic services such as electricity, health and water, he said.

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    عربي

    2012-9-4

    He intends to ask for 11 billions?! He is a beggar and he has conditions too?!