Yemen agrees on three loan treaties

SANA'A, May 12 (Saba)- A number of laws on Yemen's agreement on loan
treaties issued on Tuesday.

Law No. (18) for 2009 stipulated on Yemen's acceptance the loan
treaty signed between the government and Saudi Fund for Development
on April 5 2009. The loan worth $ 106,666,667 is for financing the
highway project of Amran, Sana'a, Sumar, Taiz, and Aden.

Law No. (19) for 2009 agreed on the loan treaty signed between the
government of Yemen and the Arab Fund for Economic and Social
Development on April 15,2009. The loan worth $ 30 million is for
financing main crossroads in Sana'a, the second phase.

Law No. (20) for 2009 approved the loan treaty singed between Yemen
and the Arab Fund for Economic and Social Development on April 15,
2009. The loan worth $ 26 million and assigned for funding Improving
Taiz International Airport Project.

MA