Government seeks to use Yemen's SDRs

Yemen looks for robust Chinese partnership in Transport—Minister insists

Minister of Transport Dr. Abdel Salam Humayd asserted that the Yemeni government is eagerly seeking to establish a strategic Yemeni-Chinese cooperation and partnership in the transport businesses.

BRUSSELS: European Parliament Urges Lifting Schengen Land Border Controls for Bulgaria, Romania

The European Parliament (EP) on Wednesday called for lifting Schengen land border controls for Bulgaria and Romania by the end of 2024. Air and sea border controls were scrapped on March 31, 2024.

Chinese car sales surges 26.4 percent in the first quarter of 2024

Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2024/04/25 Time 01:08:49
Latest News:

Defense Minister meets with Acting-Chinese Ambassador in Aden

Tarmoum, Chinese Chargé d'Affaires promoting cooperation in the telecom sector

Two children injured by Houthi landmine in southeastern Yemen's Shabwa

Cabinet looks at various issues on its agenda

Al-Bahsani inspects combat preparedness of military units in Hadhramaut coast

Government seeks to use Yemen's SDRs

[02/09/2021 05:55]

RIYADH-SABA
The Yemeni government held talks today with the World Bank (WB) over Yemen's share of Special Drawing Rights (SDRs) of foreign exchange reserve of the International Monetary Fund (IMF) with total amount estimated at $665 in order to support the urgently needed economic stability and improve services.

Prime Minister Dr. Ma'een Abdulmalik led the discussions which conducted via video conference.

The WB's Executive Director Dr. Mirza Hassan, Ministers of Finance Salim bin Bureik and Planning and International Cooperation Wa'id Batheeb and technical support team of the WB contributed to the deliberations.

The discussions focused on the propositions suggested by the WB for using Yemen's SDRs, mechanisms to effectively benefit from and the ideal options can be opted for to improve the economic situations, living conditions and allay the peoples' suffering all over Yemen.