Yemen and China signed a protocol on inspection and health requirements for Yemeni seafood exports to China, strengthening economic cooperation between the two nations.
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Finance Minister, WB's Director in Yemen discuss govt's efforts to manage economic hardships
[08/06/2023 03:01]
AMMAN-SABA
Minister of Finance Salim bin Bureik held discussions today, Thursday, with the Director of the World Bank (WB) in Yemen Tania Mayer over the status of the public finance and the government's efforts to improve the economic situations.
The discussions also covered several topical issues including the technical support for the Ministry of Finance through the UN's agencies and other international organizations.
The Minister detailed the WB's official on the government's ongoing economic, finance and administrative reforms, highlighting the need for further support by the regional and international partners to support the government's efforts to manage the economic hardship.
Bin Bureik touched upon the serious impacts of Houthi militias' attacks on the oil exports seaports which have seriously exacerbated the economic hardships.