Yemen participates in 11th Forum of Paris Club's countries

Leadership Council listens to Prime Minister's report on progress of reform process, welcomes findings of expert team's report

. The Presidential Leadership Council (PLC( held a meeting today, Sunday, chaired by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with the attendance of its members Sultan al-Arada, Dr. Abdullah al-Alimi, and via video call Abdul-Rahman al-Mahrami and Othman Majli, while Aidaroos al-Zubaidi, Tariq Saleh and Faraj al-Bahsni were absent with an excuse.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

More than 1,500 flights canceled in U.S. amid ongoing government shutdown

Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/16 Time 11:07:42
Latest News:

Deputy Speaker of Shura Council Meets Chinese Chargé d'Affaires

Fourth Phase of Artificial Joint Implant Project Concludes at Marib Hospital

Yemen Participates in 12th Arab Constitutional Courts Union Meeting in Rabat

Ambassador Al-Manhali Meets UAE Deputy Minister of Defense.

Minister of Water Discusses Support for Adaptation Projects in Yemen with Green Climate Fund

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.