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Minister of Planning Discusses Resumption of Article IV Consultations with IMF

[26/02/2026 10:33]

ADEN-SABA
Minister of Planning and International Cooperation Dr. Afrah al-Zouba held Thursday a virtual meeting with the Head of the International Monetary Fund (IMF) Mission to Yemen, Esther Perez Ruiz.

The two sides discussed the latest economic developments in Yemen and arrangements for resuming Article IV consultations with the Ministry of Finance and the Central Bank of Yemen.

The meeting, which included the IMF Resident Representative in Yemen, Mohammed Jaber, the IMF Executive Director Dr. Mohammed Maait, along with several economic experts and officials from both sides, noted that the Yemeni economy has demonstrated resilience and strength in the face of recent challenges.

Dr. al-Zouba explained that the Central Bank has successfully managed the crisis efficiently and professionally, without any noticeable decline in the exchange rate. She added that the payment of civil service salaries has helped restore purchasing power and stimulate economic activity.

She expressed her appreciation for the pivotal role played by the IMF in supporting Yemeni institutions, noting that the Fund’s contributions in capacity building and technical assistance have significantly improved the performance of key government institutions, including the Central Bank and the Ministry of Finance.

She also reviewed the political and security situation, affirming the tangible improvement in basic services in liberated cities.

She emphasized the government’s commitment to building on previous plans and reforms, with a focus on economic recovery and stability, strengthening basic services, achieving social cohesion and enhancing governance, transparency, and accountability.

For her part, the Head of the IMF Mission expressed satisfaction with the growing political and security stability and the strategic continuity of government policies. She reaffirmed the IMF’s commitment to moving forward with the Article IV consultations, which represent a pivotal step in strengthening international confidence in Yemen’s economy.

She announced plans to hold a series of technical meetings in the coming days with the Ministry of Finance and the Central Bank to accelerate the completion of the consultations.