[12/10/2022 05:49]
Washington – Saba
Finance Minister Salem Bin Breik headed the Yemeni delegation to the annual meetings of the International Monetary Fund and the World Bank in Washington, DC.
Today, during two separate meetings, Finance Minister Salem Bin Breik and the Governor of the Central Bank of Yemen, Ahmed Al-Mabaqi, discussed with the Executive Director of the Arab and Maldives Group at the International Monetary Fund, Dr. Mahmoud Mohieldin, and the Head of the Middle East and Central Asia Department at the International Monetary Fund, Dr. Jihad.
Azour, developments in the economic situation in Yemen, and the repercussions of rising global prices due to the war in Ukraine on the humanitarian situation in Yemen, with the increase in food insecurity amid rising food and fuel prices, lack of humanitarian aid and scarcity of resources, which exacerbate pressures on the balance of payments.
The emergency food window program established by the Fund to address food insecurity was also discussed, according to which the member state obtains a financial facility equal to 50% of its share in the Fund, in addition to the role that the Fund can play in supporting Yemen to obtain this support due to the increasing need for it.
Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic Challenges
Taiz Governor Discusses Emergency Preparedness, Response Plan with International, Local Organizations
Yemen Joins 23rd Session Of Council Of Foreign Ministers of OIC
Speaker of Parliament Discusses Yemen’s Developments with British Ambassador
Council Of Ministers Approves Significant National Strategies, International Agreements
Foreign Minister: Restoring State Is Key to Yemen, Gulf and Red Sea Security
Naval Forces Foil Smuggling Attempt of Military Equipment and Houthi Attack
Foreign Minister, Her Bahraini Counterpart Discuss Joint Coordination
Interior Minister Discusses Security Cooperation With U.S. Acting Ambassador
Parliament Speaker Meets With Chargé d' Affaires of Chinese Embassy