Government team discussed with World Bank delegation ways to strengthen partnership expand development projects
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2026/03/31
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Latest News:
Yemen Embassy Chargé d’Affaires discusses strengthening bilateral relations with South African official
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Al-Alimi praises Yemeni crowds expressing support for Saudi Arabia, Gulf states against Iranian aggression ..
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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 -
Government team discussed with World Bank delegation ways to strengthen partnership expand development projects
Yemen Embassy Chargé d’Affaires discusses strengthening bilateral relations with South African official
Al-Subaihi stresses the need to double the provision of services to citizens in Abyan, tightening security
Al-Alimi praises Yemeni crowds expressing support for Saudi Arabia, Gulf states against Iranian aggression
Deputy Chief of Staff discusses with international expert child recruitment
Presidential Leadership Council member al-Subaihi receives Vice President of WB in Aden
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