Affordability of Food & Finance in Yemen
Description
Yemen’s economic crisis exacerbates humanitarian need and political instability. With 90% of Yemen’s food imported, prices are rising – a major factor behind famine risk. Meanwhile, rising public discontent over currency instability and food prices could trigger Government collapse, undermining the peace process. The programme will provide funding to preserve and strengthen institutional capacity, help maintain access to trade finance to enable the continued flow of imports and stabilise food prices. Improved policies will help to stabilise the exchange rate and macroeconomy, reduce food price inflation and avoid further escalation of humanitarian needs. The programme will benefit populations across the country, by lowering the cost of food and increase access to hard currency.
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
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Implementing
LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE NORWEGIAN REFUGEE COUNCIL UNOPS United Nations Office for Project Services (UNOPS) London School of Economics and Political Science United States Agency for International Development (USAID) International Bank for Reconstruction and Development (IBRD)
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.