Government, IFM annual meetings conclude in Amman

President al-Alimi receives Ambassador of United Arab Emirates

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) received today, Wednesday, the Ambassador of the United Arab Emirates (UAE) to the Republic of Yemen Mohammed al-Zaabi.

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.

Paris Saint-Germain Claims Top Spot in Ligue 1 After Thrilling Win Over Lyon

Paris Saint-Germain (PSG) secured a hard-fought 3-2 victory over Lyon on Sunday in the twelfth round of the French Ligue 1, taking sole leadership of the league standings.

Last Update: ، 2025/11/12 Time 12:48:20
Latest News:

Member of Presidential Leadership Council al-Alimi Receives German Ambassador

Member of Presidential Leadership Council Dr. Abdullah al-Alimi Meets UN Envoy to Yemen

Djiboutian President receives Minister of Planning and International Cooperation

Governor of Aden praises Dutch support for water services in Aden

Charge d'Affaires in Damascus Discusses Boosting Economic Ties with Syrian Chamber of Commerce

Government, IFM annual meetings conclude in Amman

[23/01/2025 02:42]

AMMAN-SABA
The annual consultative meetings between the government team and the International Monetary Fund (IMF) mission concluded today, Thursday, in Amman, Jordan.

The 5-day meetings discussed a number of aspects related to the latest economic, financial and monetary developments and their future prospects, and the government's plan and vision to face the current challenges, implement the necessary reforms and achieve economic recovery, with regional and international support.

The meetings also touched on the extent of the worsening humanitarian crisis and food insecurity in Yemen due to the conflict and regional tensions as well as the prolonging war ignited by the Iranian regime backed Houthi terrorist militia 10 years ago.

The meetings stressed Yemen's need amid current difficult circumstances for the continuing regional and international support for national efforts aimed at stabilizing the prices of commodities and the national currency, and gaining on to implement the necessary and urgent reforms, especially in the financial and monetary aspects, achieving economic recovery, and overcoming the challenges facing the country in various fields and vital sectors.

The IMF mission expressed its encouragement for the progress made by the Ministry of Finance in the efforts to contain the fiscal deficit by strengthening the tax and customs administrations, enhancing cash liquidity management, and being cautious in spending, which in turn led to reducing monetary financing of the budget and reducing inflationary pressures.

The mission also stressed the need for continued regional and international support for government efforts to achieve the goals of comprehensive reforms, efforts to revive the political process and achieve peace, security and stability in Yemen, to limit the exacerbation of humanitarian crises and the deterioration of basic services.

The meetings were attended by the Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb, Deputy Minister of Finance Hani Wahab, the Ambassador of our country to Jordan Dr. Jalal Fakira, several Undersecretaries of the Ministry of Finance and the CBY, Representatives of the relevant Ministries and the head of the IMF mission Esther Peres, and some of IMF experts.