Governor of the Central Bank of Yemen Ahmed al-Maabaqi and Deputy Minister of Finance Hani Wahab discussed with representatives of the Statistics Department of the International Monetary Fund (STA), headed by the Fund's Deputy Director of Statistics, Carol Baker, enhancing aspects of cooperation and joint coordination, and technical support needs.
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Hadramout Governor, Chinese Ambassador discuss development efforts
[29/04/2025 01:54]
MUKALLA-SABA
The Governor of Hadramout governorate Mabkhot bin Madhi conferred today, Tuesday, with the Chargé d' Affaires of the embassy of the People's Republic of China in the Republic of Yemen Ambassador Shao Zheng over the ongoing efforts to establish stability and peace and support the sustainable development and investment projects.
The governor emphasized the importance of boosting bilateral cooperation in the areas of basic services such as health, education and infrastructure. He noted that Hadramout seeks to enhance peace and regain its leading role in the economy.
The Chinese diplomat affirmed China's commitment to support the initiatives aimed to make peace and establish development in Yemen in general and in Hadramout—in particular.