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Al-Faqmi, al-Ma'baqi Discuss Cooperation with OPEC Fund, WB, UNDP

[14/10/2026 02:45]

BABKOK - SABA
The Minister of Planning and International Cooperation, Governor of Yemen at the World Bank (WB) Group Mohammed sl-Faqmi and Governor of the Central Bank of Yemen (CBY) Ahmed al-Ma'baqi met today with President of the OPEC Fund for International Development Dr. Abdulhamid al-Khalifa.

The meeting, held on the sidelines of the annual meetings of the WB Group and the International Monetary Fund (IMF) in the Thai capital Bangkok.

They discussed options for rescheduling the debt in a way that takes into account the difficult circumstances the country is going through and its ability to meet its commitments.

The talks also touched on financing the completion of the Hassan Dam in Abyan governorate.

Al-Faqmi and al-Ma'baqi also met with the WB Executive Director Abdulaziz al-Malla.
The meeting aimed to explore ways to accelerate funding for priority projects and to increase support aimed at addressing the humanitarian and economic impacts of the recent Houthi escalation.

The Minister of Planning and the Governor of the CBY also met with UNDP Director Alexander De Croo.

They sought for more cooperation in early recovery, support for displaced people and improvement of basic services amid current multiple humanitarian and economic challenges facing the country.

Al-Faqmi pointed out that more than 200,000 citizens have been displaced since last September due to the military escalation by the Houthi terrorist militias.