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Latest News:
IMF Executive Board approves results of Article IV consultations with Yemen
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Latest News:
IMF Executive Board approves results of Article IV consultations with Yemen
KSrelief distributes tents, shelters for rain-impacted families in Marib
Distribution of 400 food parcel to flood-impacted families in Mocha with Kuwaiti suppor
National Committee for Regulating, Financing Imports approves several measures
Yemen, France discuss security cooperation
Finance Minister heads our country's delegation to IMF and WB meetings in Washington
[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.
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.
Key words:
Saba Finance - repercussions - International - developments - humanitarian - established - Washington - insecurity - Department - exacerbate -
CBY Governor: IMF Statement reflects renewed institutional engagement with the international community
IMF Executive Board approves results of Article IV consultations with Yemen
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Distribution of 400 food parcel to flood-impacted families in Mocha with Kuwaiti suppor
National Committee for Regulating, Financing Imports approves several measures
Yemen, France discuss security cooperation
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