[18/03/2024 06:50]
ADEN - SABA
Prime Minister, Minister of Foreign Affairs and Expatriate Affairs Dr. Ahmed bin Mubarak stated that the government has been very keen to achieve financial inclusion, promote banks' and economic institutions' role in speeding the development drive and improving individual and family prosperity and establishing development and stability.
His statement came in his speech that Finance Minister Salim bin Braik delivered on his behalf today, Monday, in a function held in the temporary capital Aden to launch the events of the World Finance Week in Yemen 2024.
Ministers of Planning and International Cooperation Dr. Waed Badhib, Transport Dr. Abdel Salam Humayd Industry and Commerce Mohammad al-Ashwal, Agriculture, Irrigation and Fisheries Salem al-Soqatri and Governor of the Central Bank of Yemen (CBY) Ahmed al-Mabaqi and representatives of 30 banks and banking sector attended the gathering.
Dr. bin Mubarak applauded the CBY's actions and progress to recover and activate crucial programs in the transitional capital Aden and to promote communication and exchange experiences and visions between the CBY and financial institutions, international initiatives and activities.
The Prime Minister highlighted the progress and achievements realized "Today, we have 11 banks specializing in small and microfinance businesses, doors opened to small capital and services made available in all regions to facilitate peoples' interaction with banks and achieve the principles of financial inclusion."
Bin Mubarak added "The CBY also has launched electronic money service via mobile phone in partnership with telecommunications companies. It is in its early stages, but it is an essential and necessary service that expands the benefit of banking services".
Aden Meeting Explores Enhanced Cooperation Between Agriculture Ministry, EU and FAO
Tariq Saleh Discusses Rescheduling Mokha Airport Flights, Port Development with Transport Minister
Minister of State Discusses Building Yemeni Women’s capacities with Italian Ambassador
Yemeni Coast Guard Locates Oil Tanker Hijacked off Shabwa Coast
Minister of Human Rights Reviews Conditions of Inmates at Aden Central Prison
Al-Arada Confers with British Ambassador over Assisting Government's Reforms Program
Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions
Minister of Education Discusses Partnership with "Pure Hands"
Young Man Seriously Wounded by Houthi Sniper North of Taiz
Al-Subaihi: We need to step up efforts to promote transport businesses