USAID, IMF ready to support institutional building of Yemen's Central Bank

EU: Two million beneficiaries from Resilience Enhancement Program in eight governorates

The European Union mission in Yemen announced the conclusion of the final phase of the joint program to enhance resilience in rural areas of Yemen, which has benefited more than 2.3 million people in eight governorates.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/11 Time 01:55:03
Latest News:

Central Bank discusses establishing fast payment company

Foreign Minister Meets with Outgoing Mexican Ambassador

Minister Al-Zawri Discusses Capacity Building and Social Protection with UNHCR Representative

Ministry of Agriculture Signs MoU with Q Sun Foundation to Enhance Media Capacity

Government calls on countries, organizations to address environment disaster over "Magic Seas" sink

USAID, IMF ready to support institutional building of Yemen's Central Bank

[01/03/2018 02:27]

AMMAN-SABA
The governor of the Central Bank of Yemen (CBY) Mohammed Zammam has discussed with the representative of the United States Agency for International Development (USAID) a project for supporting and institutional rebuilding of the CBY.

The meeting was held at the headquarters of the International Monetary Fund (IMF) in the Jordanian capital Amman with the participation (via satellite) of the IMF team in charge of Yemen's economy.

The project will be financed by the Saudi Arabia Monetary Authority, the USAID, the UK's Department for International Development, the International Monetary Fund, the World Bank, and the UAE Central Bank.

The meeting discussed the tasks of the American contractor for delivering institutional support for CBY and all its branches in the country among other topics.

All of the parties stressed readiness to support the CBY to re-assume its full monetary functions. An IMF team has already carried out a technical appraisal of the current status of the CBY.