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Minister of Planning Seeks WB's Support for Economic Stability, Electricity Projects
[13/10/2026 01:52]
BANKOK-SABA
The Minister of Planning and International Cooperation, Yemen’s Governor to the World Bank (WB) Group Dr. Mohammed al-Faqmi and the Governor of the Central Bank of Yemen (CBY) Ahmed al-Maabqi held talks today, Tuesday, with officials from the WB over joint cooperation to boost international support for the government's efforts aimed to maintain economic and financial stability, improve public financial management and the banking sector, as well as support electricity projects and the Hassan Dam in Abyan governorate.

The talks took place on the sidelines of the WB and International Monetary Fund (IMF) annual meetings held in Bangkok, Thailand.
Al-Faqmi and al-Maabqi also met with the Regional Director for the Prosperity Sector at the WB Sandeep Mahajan.
They sought for supporting economic and financial stability efforts, reforming public financial management, and developing payment systems and the banking sector.

In a separate meeting, al-Faqmi discussed with officials from the Arab Fund for Economic and Social Development the progress of projects funded by the fund in Yemen, as well as the debt issue.

The two sides agreed to form a joint technical team to follow up on this matter.


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