| Yemen joined the World Bank in 1969. Since then, the focus of World Bank assistance has been to foster sustainable economic growth and reduce poverty in the country. World Bank Country Assistance Strategy (CAS) In May 2006, the World Bank adopted its new Country Assistance Strategy for Yemen covering the period FY2006 - FY2009. The CAS, developed in close partnership with the Government of Yemen, serves as a roadmap for World Bank assistance to the country. This Country Assistance Strategy (CAS) proposes progress based on four pillars: increasing non-oil growth; improving human development outcomes; improving fiscal sustainability; and, addressing the resource sustainability crisis. The CAS also includes, under each pillar, upfront actions to improve economic governance, which need to be implemented immediately, even though the outcomes may only be visible in the medium-term. Given the enormous development needs of Yemen, the International Development Association (IDA) disbursements will remain modest, and annually contribute less than 7.5 percent of development expenditures. The Bank's larger contribution will therefore have to come from: a catalytic role in encouraging other donors to assist Yemen; providing technical assistance to the Government, and working with other donors to define sector and thematic strategies and improve delivery mechanisms; helping in improving core Government systems; and, exceptionally, using projects to demonstrate new implementation approaches that, if successful, can be mainstreamed by the Government and other development partners. This focus will be consistent with approaches that led to the few successes under the previous CAS. The risks to the program will be significant and will encompass: development effectiveness; fiduciary management, macro economic and debt sustainability; realizing reform payoffs; and regional/internal security issues. These risks will be closely monitored, and are being mitigated, wherever feasible. The Bank will remain closely engaged recognizing that, despite the high risks, there is also the potential for high reward to its assistance.  More on the World Bank's Country Assistance Strategy for Yemen
Loans and Grants As of August 2006, the World Bank has financed 136 operations in the country for a total original commitment of US$2,493 million. The World Bank's portfolio, as of August 2006, in Yemen comprises nineteen active investment projects.
RY-POWER SECTOR Fisheries Resource Management and Conservation Second Rural Access Project RY-RURAL ELECTRIFICATION & REN. EGY DEV Yemen: Basic Education Development Program Groundwater and Soil Conservation Project RY-SOCIAL FUND FOR DEVELOPMENT III RY-THIRD PUBLIC WORKS Sana'a Basin Water Management Project Port Cities Development Program Urban Water Supply and Sanitation Project Higher Education Project Health Reform Support Project (HRSP) Taiz Municipal Development and Flood Protection Project Rural Access Project Yemen RURAL WATER SUPPLY AND SANITATION PROJECT Basic Education Expansion Project IRRIGATION IMPROVEMENT PROJECT RY-CIVIL SERVICE MODERN
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