An international financial institution canceled funding for projects in Yemen and placed the government loyal to the coalition on its blacklist due to its corruption and failure to fulfill its obligations.
Southern journalist Saleh Al-Hanashi said in a blog post on (X), “The Islamic Development Bank canceled financing projects in Yemen worth $11 million.”
He added that the bank prevented dealing with Yemen and the government of Ahmed bin Mubarak after it rebelled against paying previous loan installments and contributing to some of the bank’s projects that it presented to Yemen.
