With over 40% of its population having been registered at food risk by several aid agencies over the past two years, Yemen’s international partners, among which WFP have been keen to find new ways in which to assist Yemen’s poorest while helping promote, stronger, more streamlined institutions.
The poorest and most populous country in the Arabian Peninsula, Yemen lags dramatically in all sectors of the industries in comparison to its oil rich neighbours, especially in the banking sector, an area the government has worked tirelessly to promote.
This month (November) WFP has devised a program which will help familiarize Yemenis with the banking sector while offering an innovative way to distribute assistance those in needs.
As per reported by Saba (state news agency) “WFP will provide cash transfers to 57,000 households in Taiz and Ibb governorates to help people supplement their food consumption.”
A statement release by WFP on the matter read,” Through this programme, which is the first large-scale of its kind in Yemen, each targeted family receives the equivalent of US$27.50 per month to purchase food.” Rather than offer families food parcels, WFP will leave families free to spend their allowance as they see fit, thus developing important budgeting skills and boosting the local economy as cash will work its way through the market and help promote sustainable growth.
"When the right conditions are there such as the availability of food in the market and providers to disburse the cash, cash transfers is often more appropriate than simply handing out a food basket," said WFP Representative and Country Director Bishow Parajuli. "This type of assistance introduces the element of choice and helps to stimulate local markets."
reasons wives cheat on their husbands
why men cheat all wives cheat