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عدن تايم
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Finance Denies Delay

Finance Denies Delay

Yemen’s Ministry of Finance rejected accusations that it had delayed funding for electricity projects in Aden, Al Mahrah and Shabwa, stressing that disbursements are conditional on completing the legal, financial and technical requirements and protecting public funds. It said that on October 1 it increased the allocations for maintenance at Aden’s Al-Ra’is and Al-Mansoura power plants. Meanwhile, the agreements to build 40-megawatt and 60-megawatt power plants in Al Mahrah and Shabwa, respectively, were referred for review after significant irregularities and concerns were identified. On October 29, 2026, the Ministry of Legal Affairs was instructed to address the concerns and prepare contractual addenda in coordination with the ministries of finance and electricity.

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