YEMEN Press Agency

WB sets conditions on $3 bln loan to pay Yemeni staff salaries

SANAA, July 22 (YPA) – The World Bank (WB) imposed conditions on a loan of $ 3 billion dollars to the exiled resigned president Hadi’s government to be able to pay the state staff salaries in all Yemeni areas, including those under the control of Sanaa government.

According to a report published by the London-based New Arab newspaper, Hadi’s government is in tough negotiations with the bank to get the loan to pay salaries of the state employees, who have not been paid for more than 20 months.

The WB requires Hadi’s government to exploit revenues of the crude oil exports (which is a sovereign supplier) to repay the loan, as well as the obligation of all parties to the conflict in Yemen to provide the necessary security protection for the production and pumping of oil and gas to the export ports in areas controlled by each party.

The Yemeni employees’ salaries have been interrupted since the transfer of the central bank form the capital Sanaa to Aden after Hadi’s government deceived the international community that it will continue to pay salaries and fulfill all the bank’s obligations.