CBY Governor meets Lenderking

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CBY Governor meets Lenderking

[26/10/2024 01:44]

‎WASHINGTON - SABA
The Governor of the Central Bank of Yemen CBY Ahmed Ghaleb al-Ma'abaqi held talks with the US Envoy to Yemen Tim Lenderking on the negative impact of the ongoing developments in the region and the world on Yemen's economic conditions.

He went over the Yemeni people's suffering from an unprecedented humanitarian crisis as a result of the war ignited by the terrorist Houthi militias in 2014, the effects of which were exacerbated by attacks on oil ports and depriving Yemen of revenues.

Al-Ma'abaqi cited the impact of developments in the Red Sea on transportation and insurance costs, which created difficult and unsustainable economic and humanitarian situations in light of the international community's inaction to keep their obligations and the lack of any chances for peace due to Houthi obstinacy in the face of peace offers.