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

U.S. Treasury Sanctions 21 Individuals, Entities for Involvement in Financing Houthi Militias

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today the designation of 21 individuals and entities, as well as the identification of one vessel, on the sanctions list for their involvement in transporting petroleum products, purchasing weapons and equipment and providing financial services to the Iran-backed Houthi terrorist militias.

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).

S. Korea's ITC exports rise 12.4 percent in 2025

South Korea's exports in the information and communication technology (ICT) industry rose 12.4 percent to a record high in 2025, due to strong demand from the artificial intelligence industry.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/18 Time 05:40:58
Latest News:

Civil Aviation Authority Announces Resumption of Operating al-Rayyan International Airport

Vice Minister of Transport Announces Fourth Weekly Flight Between Aden, Riyadh

Decree of Chairman of Presidential Leadership Council to Appoint New Prime Minister Issued

Prime Minister announces about $90 million Saudi support to pay salaries

Minister al-Bakri Discusses Youth Empowerment Support with French Ambassador

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.