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Last Update: ،
2025/04/19
Time
05:01:39
Latest News:
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Latest News:
Al-Bakri seeks British support for youths programs
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Yemen discuses with World Bank means of using SDR
[21/12/2021 06:55]
RIYADH-SABA
Minister of Finance Salem bin Buraik and Governor of the Central Bank of Yemen Ahmad al-Ma'abaqi discussed Tuesday with World Bank's team, through visual communications, means and methods of using Special Drawing Rights worth USD 650 million allocated by the organization to Yemen.
The meeting discussed means of liquefying units of drawing rights and ways of using them and the two parties agreed on making a mechanism for absorbing those funds for the purpose of realizing relative stability to the prices of Yemeni rial and alleviating suffering of the people over increasing food goods' prices.
The meeting also discussed possibility of using part of the SDR for developmental purposes serving the interests of the homeland and citizens, in addition to responding to public health needs, mainly coronavirus vaccines and requirements.
Minister of Finance Salem bin Buraik and Governor of the Central Bank of Yemen Ahmad al-Ma'abaqi discussed Tuesday with World Bank's team, through visual communications, means and methods of using Special Drawing Rights worth USD 650 million allocated by the organization to Yemen.
The meeting discussed means of liquefying units of drawing rights and ways of using them and the two parties agreed on making a mechanism for absorbing those funds for the purpose of realizing relative stability to the prices of Yemeni rial and alleviating suffering of the people over increasing food goods' prices.
The meeting also discussed possibility of using part of the SDR for developmental purposes serving the interests of the homeland and citizens, in addition to responding to public health needs, mainly coronavirus vaccines and requirements.
Key words:
SABA Minister - communications - developmental - requirements - organization - coronavirus - alleviating - possibility - liquefying - increasing -
Al-Bahsani and Russian Diplomat Discuss Strengthening Bilateral Ties
Al-Bakri seeks British support for youths programs
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Yemen affirms full support for Jordan in all measures taken to protect its security
Vice Foreign Minister discusses enhancing humanitarian cooperation with OCHA
President al-Alimi commends British efforts to mobilize international support to Yemeni People
