(MENAFN) The World Bank has announced a USD207 million grant to address chronic food insecurity and malnutrition in Yemen, a country torn apart by a deadly civil war that has been ongoing for eight years. The grant, offered by the World Bank's International Development Association, aims to provide support for poor and vulnerable households facing multiple overlapping crises, including conflict, food price inflation, climate-related emergencies, and the consequences of the COVID-19 pandemic.
According to the World Bank, around 1.8 million Yemeni households will benefit from the grant, which will help address one of the world's worst humanitarian crises. Millions of people in Yemen are at risk of starvation due to the ongoing conflict, which began in September 2014 when Houthi rebels seized much of the country, including the capital, Sanaa. A military coalition led by Saudi Arabia entered the war in early 2015 to restore the government to power.
The grant is expected to provide critical support to Yemeni households that are struggling to access food and basic necessities. It will also help address malnutrition, a significant problem in the country, particularly among children. The World Bank's funding will be used to provide food assistance, improve access to health care services, and support social safety nets for vulnerable households.
The grant will also help address the impact of climate-related emergencies, such as the August-September 2022 floods, which have further exacerbated the humanitarian crisis in Yemen. The World Bank's support will be critical in ensuring that vulnerable households have access to the resources they need to survive and recover from the devastating effects of the conflict, COVID-19 pandemic, and other crises.
In conclusion, the World Bank's USD207 million grant is a significant step towards addressing the humanitarian crisis in Yemen. It will provide critical support for households facing multiple challenges and help address chronic food insecurity and malnutrition. The grant is a testament to the World Bank's commitment to supporting countries in crisis and promoting sustainable development.
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