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Prime Minister Forms High-Level Committee to Oversee IMF-Supported Reform Programme

[15/11/2026 01:47]

ADEN – SABA

Prime Minister Dr. Shays Zindani issued Sunday Decision No. (68) of 2026 establishing a High-Level Supervisory Committee to oversee the implementation of the IMF Staff-Monitored Programme (SMP).

The committee, chaired by the Prime Minister and including the Central Bank Governor and key ministers and government officials, will coordinate economic, financial and monetary reforms, monitor implementation, and establish clear timelines and performance indicators.

The Prime Minister stressed that economic reforms are a top government priority, essential to restoring economic recovery, strengthening public institutions, improving revenue collection, and achieving financial and monetary stability.

He also called for a binding implementation plan, stronger coordination between fiscal and monetary policies, and full readiness for the IMF's periodic programme reviews.