Transparency, accountability must be established in the businesses of oil, gas companies—al-Arada emphasized
Member of the Presidential Leadership Council (PLC), Governor of Marib governorate Sultan al-Arada emphasized that transparency and accountability should be established in all businesses of the oil and gas institutions and companies.
Bulgaria to host NATO crisis response exercise in 2025
Bulgaria will host a NATO crisis response exercise next year. This transpired as the head of the Interior Ministry's General Directorate for Fire Safety and Population Protection, Chief Commissioner Alexander Dzhartov, was speaking to Bulgarian journalists at the Alliance's headquarters in Brussels.
IMF approves $7 billion loan to Pakistan
The International Monetary Fund (IMF) board has approved a new $7 billion loan program for Pakistan over three years.
La Liga: Atletico Madrid 1-1 Rayo Vallecano
Atletico Madrid were held to a 1-1 draw at city rivals Rayo Vallecano on Sunday in the sixth round of the Spanish La Liga.
Last Update: ،
2024/09/28
Time
11:38:31
Latest News:
President al-Alimi concludes his high-profile contribution to the UN General Assembly sessions
Defense Minister meets with Chinese Chargé d' Affairs, Japanese Military Attaché
Al-Arada, bin Mubarak co-chair a meeting aimed to establish well-coordination at national, local level
Yemeni-Russian ministerial committee discusses joint cooperation
President al-Alimi receives Secretary General of the GCC
Latest News:
President al-Alimi concludes his high-profile contribution to the UN General Assembly sessions
Defense Minister meets with Chinese Chargé d' Affairs, Japanese Military Attaché
Al-Arada, bin Mubarak co-chair a meeting aimed to establish well-coordination at national, local level
Yemeni-Russian ministerial committee discusses joint cooperation
President al-Alimi receives Secretary General of the GCC
Yemen participates in 11th Forum of Paris Club's countries
[26/06/2024 01:10]
PARIS - SABA
The Republic of Yemen participated Wednesday in the 11th Annual Forum of the Paris Club countries for the year 2024 with a delegation headed by the Minister of Finance, Salem bin Buraik.
The round table sessions at the forum, with the participation of the Head of the Technical Office at the Ministry of Planning and International Cooperation, Engineer Shuaib Al-Saghir, discussed a number of files, including sovereign debts in the context of the global economy, the axes that must be taken into account, especially the global economic environment, positive developments, debt restructuring, as well as ensuring successful debt resolution, and the importance of the roles of international financial institutions in supporting debt restructuring processes, as well as the conditions of the common framework agreed upon by the G20 countries according to the Paris Club creditors.
Finance Minister bin Buraik addressed the great and exceptional economic and humanitarian challenges facing the country due to the continuation of the war ignited by the Iran-backed Houthi rebel militia.
He stressed the importance of the international community's support to assist in addressing the sovereign debts of fragile states comprehensively and flexibly, in coordination between the concerned parties, expressing the government's appreciation for the efforts made within the framework of the common framework and the Paris Club to address debt issues.
The Minister also reiterated the importance of taking into account the special circumstances of fragile and conflict-affected states in any debt restructuring initiatives, as well as the need to enhance coordination between official and commercial creditors to ensure a comprehensive and fair resolution of debts.
He pointed out to the need to take into account the special needs of fragile states, including our country Yemen, such as the requirements of reconstruction, peacebuilding, and achieving sustainable development goals, as well as intensive capacity-building programs in debt management, and the development of mechanisms to improve debt transparency.
The Republic of Yemen participated Wednesday in the 11th Annual Forum of the Paris Club countries for the year 2024 with a delegation headed by the Minister of Finance, Salem bin Buraik.
The round table sessions at the forum, with the participation of the Head of the Technical Office at the Ministry of Planning and International Cooperation, Engineer Shuaib Al-Saghir, discussed a number of files, including sovereign debts in the context of the global economy, the axes that must be taken into account, especially the global economic environment, positive developments, debt restructuring, as well as ensuring successful debt resolution, and the importance of the roles of international financial institutions in supporting debt restructuring processes, as well as the conditions of the common framework agreed upon by the G20 countries according to the Paris Club creditors.
Finance Minister bin Buraik addressed the great and exceptional economic and humanitarian challenges facing the country due to the continuation of the war ignited by the Iran-backed Houthi rebel militia.
He stressed the importance of the international community's support to assist in addressing the sovereign debts of fragile states comprehensively and flexibly, in coordination between the concerned parties, expressing the government's appreciation for the efforts made within the framework of the common framework and the Paris Club to address debt issues.
The Minister also reiterated the importance of taking into account the special circumstances of fragile and conflict-affected states in any debt restructuring initiatives, as well as the need to enhance coordination between official and commercial creditors to ensure a comprehensive and fair resolution of debts.
He pointed out to the need to take into account the special needs of fragile states, including our country Yemen, such as the requirements of reconstruction, peacebuilding, and achieving sustainable development goals, as well as intensive capacity-building programs in debt management, and the development of mechanisms to improve debt transparency.
Key words:
comprehensively - reconstruction - International - comprehensive - international - restructuring - circumstances - peacebuilding - participation - requirements -
Transparency, accountability must be established in the businesses of oil, gas companies—al-Arada emphasized
President al-Alimi concludes his high-profile contribution to the UN General Assembly sessions
Defense Minister meets with Chinese Chargé d' Affairs, Japanese Military Attaché
Al-Arada, bin Mubarak co-chair a meeting aimed to establish well-coordination at national, local level
President al-Alimi confers with Russian Foreign Minister over bilateral relations
Yemeni-Russian ministerial committee discusses joint cooperation
President al-Alimi receives Secretary General of the GCC
Al-Arada, bin Mubarak hold plenary meeting with sheikhs, social dignitaries
President al-Alim, UN Secretary General discuss humanitarian situation, peace efforts in Yemen
President al-Alim meets with UNICEF Executive Director
