USAID, IMF ready to support institutional building of Yemen's Central Bank

Presidential Leadership Council Commends Government's Decisions, Considers them Starting Point to Build State Institutions Competent to Deliver on its Obligations

An official source in the Presidential Leadership Council (PLC) welcomed the package of practical economic, financial and administrative decisions and measures taken by the Council of Ministers in its meeting today, Tuesday, in the temporary capital, Aden, chaired by Prime Minister Dr. Shaya Zindani, describing them as a step forward on the path of comprehensive reforms aimed at improving living conditions, enhancing the efficiency of state institutions, consolidating the principles of transparency and governance, and building an economic and administrative model capable of satisfying the aspirations of the people.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/19 Time 03:06:47
Latest News:

PLC Member Salem al-Khanbashi Reviews Public Health Laboratories and Reaffirms Support for Social Cohesion ..

Saudi Development Program Showcases Yemen Reconstruction Experience at Global Urban Forum

Cabinet Endorses Economic Measures to Improve Public Sector Conditions

Minister of Planning Seeks British Support for National Development, Stability Plan

Al-Eryani Receives Invitation to Participate in Arab Information Ministers' Meeting from Libyan Ambassador ..

USAID, IMF ready to support institutional building of Yemen's Central Bank

[01/03/2018 02:27]

AMMAN-SABA
The governor of the Central Bank of Yemen (CBY) Mohammed Zammam has discussed with the representative of the United States Agency for International Development (USAID) a project for supporting and institutional rebuilding of the CBY.

The meeting was held at the headquarters of the International Monetary Fund (IMF) in the Jordanian capital Amman with the participation (via satellite) of the IMF team in charge of Yemen's economy.

The project will be financed by the Saudi Arabia Monetary Authority, the USAID, the UK's Department for International Development, the International Monetary Fund, the World Bank, and the UAE Central Bank.

The meeting discussed the tasks of the American contractor for delivering institutional support for CBY and all its branches in the country among other topics.

All of the parties stressed readiness to support the CBY to re-assume its full monetary functions. An IMF team has already carried out a technical appraisal of the current status of the CBY.