Donors conference for Yemen failed due to corruption of UN organizations, Economists say

The donors' conference for Yemen, which was organized by the United Nations in cooperation with the Swedish and Swiss governments, failed to collect the amount specified by the international organization to finance humanitarian response projects in the country that has been exhausted by the war for seven years.
 
The United Nations expressed disappointment after a conference of donors for Yemen, held on Wednesday, collected less than a third of the target amount that the organization says is needed to avert a humanitarian catastrophe for the country.
 
The United Nations had announced that the target amount of this conference is $4.27 billion (3.87 billion euros) to help 17.3 million people, but the total pledged by donors at the conference was limited to $1.3 billion.
 
Well-informed economic sources confirmed to Khabar Agency that the donors' conference failed for several considerations, related to the conditions experienced by the global economy due to the war in Ukraine, the rise in oil prices, and the turmoil in the financial markets, so the priority of Western governments is to address the developments.
 
The sources stated that the most important reasons for the failure of the donor conference are due to documented corruption suspicions that were revealed in the work of international humanitarian organizations in Yemen, which prompted donors to refrain from fulfilling their previous commitments or announcing new donations and pledges.
 
The sources linked the decline in donor pledges to a state of mistrust in the donor community in light of the absence or weakness of societal oversight over the flow of aid.