The Yemeni government has approved a new system that is expected to pave the way for billions of dollars in promised international aid to start being distributed across the impoverished nation. Yemen, often regarded as one of the poorest countries in the world, has begged for all the help it could get. The world has pledged over $8 billion, but less than 10 percent of it has been delivered. This is mainly due to concerns over Yemen’s ability to distribute the enormous amounts of foreign aid due to the widespread political turmoil and domestic corruption. The Yemen Foreign Ministry’s approval of the new system called the Loans and Grants Management Information System is based on a locally developed apparatus. It endeavors to solve the problems of accountability by linking donations received by the Yemeni Ministry of Finance to the central bank which will then distribute the funds to intended recipients, according to the official Yemeni news agency SABA.
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