"We will go about it progressively," Bin Humam said in Kuwait City today. "Maybe it should be reduced to stimulate lending."
The nation, which received $500 million from Qatar to fund development, still needs $3 billion in foreign aid to fund projects over the next three years, in addition to the $6.4 billion in pledges it got in Riyadh in September, Bin Humam said. The U.S. has more than doubled its aid to Yemen this year to $345 million, said Rajiv Shah, administrator of the U.S. Agency for International Development.
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