Finance Minister heads our country's delegation to IMF and WB meetings in Washington

President al-Alimi Hails Creating Multinational Naval Alliance, Highlights Saudi Support for Yemeni State Institutions, Regional Security, Stability

His Excellency Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council (PLC) underlined the announcement of the establishment of the Multinational Naval Defense Alliance led by Saudi Arabia, describing this move as a strategic initiative and a very important step to boost collective security, protect international navigation and secure vital sea routes in the Red Sea, the Gulf of Aden, and the Bab al-Mandab Strait.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/31 Time 08:17:30
Latest News:

Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas

President al-Alim Receives Credentials of Several New Ambassadors

Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador

Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen

Health Ministry, UNFPA Review Reproductive Health Support

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.