[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.
Baggash Seeks Vietnamese Academic Cooperation
Leadership Council Member AL-Zubaidi Urges Government to Accelerate Performance
Yemen's Ambassadors to Czech Republic, Indonesia swear-in before President al-Alimi
Yemen and Vietnam Sign Memorandum of Understanding to Enhance Bilateral Cooperation
Judge Sahl Hamza swears-in before President al-Alimi
Cabinet Discusses Economic and Financial Developments, and Efforts to Foil Houthi Plots
Yemen Strengthens Maritime Security Cooperation with Jordan
Al-Maharami discusses ways to enhance bilateral relations with Japanese Ambassador
Yemen's Presidential Council Member Meets with French Ambassador to Discuss Political and Economic Developments
Human Rights Ministry Launches National Campaign to Prevent Child Soldier Recruitment