[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.
President al-Alimi: The anniversary of Decisive Storm, Arab project supporting Yemen
Aden Governor Meets French, German Ambassadors to Boost Development Cooperation
Vice Foreign Minister Holds Expanded Meeting with Heads of Missions in Gulf, Jordan, and Iraq
Yemeni Ambassador Holds Talks with EU Officials on Strengthening Ties
Aden Governor, Japanese Ambassador Discuss Expanding Development Interventions
Al-Eryani: Seizure of Iranian Smuggling Vessel off Bab al-Mandab Highlights Ongoing Houthi Supply Lines
Al-Muharrami Meets Prime Minister to Discuss Developments and Support Government Reforms
Al-Subaihi Urges Removal of Obstacles Facing Humanitarian Work
Health Minister Discusses Academic and Medical Cooperation with German University of Rostock Delegation
Yemen's accession to WTO strategic step to boost economic reforms, says al-Ashwal