Yemen participates in 11th Forum of Paris Club's countries

A government source confirms full support for Saudi-Emirati mediation to end escalation and for withdrawal of the Transitional Forces from Hadramout, al-Mahrah

An authorized official in the Yemeni government stated that His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC)—Commander in- Chief-- was briefed along with a number of Council members and members of the National Defense Council on the situation in Hadramaut governorate, including the hostile military operations of the Transitional Council in recent hours, and the grave violations against innocent civilians in the governorate.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/27 Time 12:53:34
Latest News:

UK REAFFIRMS COMMITMENT TO YEMEN'S UNITY AND SOVEREIGNTY

Leadership Council Chairman Presides Over Meeting of National Defense Council

Arab Parliament Reaffirms Support for Yemen's Unity and Government

Yemen Ambassador, Chinese Official Discuss Yemen Developments

Jordan welcomes Saudi Arabia's statement on recent developments in Hadramawt and Al-Mahra

Yemen participates in 11th Forum of Paris Club's countries

[26/06/2024 01:10]

PARIS - SABA
The Republic of Yemen participated Wednesday in the 11th Annual Forum of the Paris Club countries for the year 2024 with a delegation headed by the Minister of Finance, Salem bin Buraik.

The round table sessions at the forum, with the participation of the Head of the Technical Office at the Ministry of Planning and International Cooperation, Engineer Shuaib Al-Saghir, discussed a number of files, including sovereign debts in the context of the global economy, the axes that must be taken into account, especially the global economic environment, positive developments, debt restructuring, as well as ensuring successful debt resolution, and the importance of the roles of international financial institutions in supporting debt restructuring processes, as well as the conditions of the common framework agreed upon by the G20 countries according to the Paris Club creditors.

Finance Minister bin Buraik addressed the great and exceptional economic and humanitarian challenges facing the country due to the continuation of the war ignited by the Iran-backed Houthi rebel militia.

He stressed the importance of the international community's support to assist in addressing the sovereign debts of fragile states comprehensively and flexibly, in coordination between the concerned parties, expressing the government's appreciation for the efforts made within the framework of the common framework and the Paris Club to address debt issues.

The Minister also reiterated the importance of taking into account the special circumstances of fragile and conflict-affected states in any debt restructuring initiatives, as well as the need to enhance coordination between official and commercial creditors to ensure a comprehensive and fair resolution of debts.

He pointed out to the need to take into account the special needs of fragile states, including our country Yemen, such as the requirements of reconstruction, peacebuilding, and achieving sustainable development goals, as well as intensive capacity-building programs in debt management, and the development of mechanisms to improve debt transparency.