The Kuwaiti Fund for Arab Economic Development signed Thursday a Grant Agreement with the United Nations High Commissioner for Refugees (UNHCR) worth $1.2 million to contribute to the rehabilitation and maintenance of homes for displaced persons in Yemen.
The death toll in the Gaza Strip has risen to 48,515, and the number of injuries has risen to 111,941, the majority of whom are children and women, since the start of the Israeli occupation's genocidal war on October 7, 2023.
The Qatar Central Bank's (QCB) international reserves and foreign currency liquidity increased by 3.81 percent in February to 255.916 billion riyals, compared to 246.509 billion riyals in the same month last year.
Saudi Arabia's Al-Taawoun qualified for the AFC Champions League semi-finals after defeating Iran's Tractor S. 4-2 on penalties, after both teams finished 2-2 after regulation and extra time.
IMF's mission praises financial measures taken by Yemen
[18/11/2020 06:26]
RIYADH-SABA
The International Monetary Fund's mission has praised measures taken by the government of Yemen in financial filed despite current complicated situations and challenges facing the country currently.
In a meeting held via visual communication between Minister of Finance Salim Binburaik and the minister on Wednesday, the mission acquainted Binburaik with results of its meetings and discussions with specialized governmental bodies in financial field and recommendations the mission concluded.
According to the mission; implementing these recommendations will boost government's financial capabilities. The mission confirmed readiness of the fund to provide expertise and technical support to the government of Yemen in financial and economic domains.
In the meeting attended by the Executive Director of the Organization of Speeding up Absorption Donors' Pledges and Supporting Implementation of Reform Policies Ala'a Qasim and a number of concerned officials, Minister Binburaik talked about policies adopted by the government for reducing negative effects on public budget over Houthi militia's coup and the war triggered by the militia.
He touched upon priorities of the ministry for the forthcoming year and its needs for improving performance of public finance.
He confirmed that the new government will have clear plans in economic, financial and cash fields and these plans require support from Yemen's donor partners, praising the mission's recommendations.