[29/10/2019 02:54]
RIYADH-SABA
The Yemeni Government held official talks with the World Bank (WB) on Tuesday here in Riyadh. The discussions co-chaired by Prime Minister Dr Ma'een Abdulmalik and President of the WB group David Malpass .
The session aimed to discuss aspects of cooperation between the Government and WB in several spheres including future plans of reconstruction and major projects help mitigating the humanitarian crisis caused by Houthi militia's coup and war.
Dr Ma'een stated that WB has long been active partner in the development and reforms process in Yemen. He highlighted the WB's constant support in our country since the onset of the ongoing conflict.
He touched upon the reforms the government has carried out recently in the public finance, banking system and oil fuels market, despite the extremely complicated and tough circumstances the country has been enduring.
" There have been reasonable achievements helped to prevent overall collapse of the economy, stop national currency slide, maintain acceptable exchange rate of the Yemeni Rial (YR), and some 65% of the civil service employees have been paid ", said Ma'een.
The Prime Minister underscored the need for greater support by the WB to finance major projects in education, fishery, and transport.
For his part Malpass voiced his support for the reforms the Yemen Government has been working on.
Yemen looks for robust Chinese partnership in Transport—Minister insists
Defense Minister meets with Acting-Chinese Ambassador in Aden
Two children injured by Houthi landmine in southeastern Yemen's Shabwa
Cabinet looks at various issues on its agenda
PM hails Sino-Yemen relations, gives glad tidings on partnership prospects
Deputy Finance Minister, UN delegation discuss Yemen economic developments
PM highlights need to channel international donations toward sustainable development projects
FM, UN special envoy discuss political process revival
PM receives in Aden deputy of UN's envoy to Yemen
Al-Alimi, US Ambassador discuss Yemen, regional and international developments