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

Leadership Council Chairman Emphasizes Judiciary's Role in Upholding State Authority

His Excellency President Dr. Rashad Al-Alimi, Chairman of Yemen's Presidential Leadership Council, met with the Chairman of the Supreme Judiciary Council, Chief Justice Muhsen Yahya Taleb, and other senior judicial officials to discuss the judiciary's role in strengthening state authority and protecting its legal status.

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).

Turkey's exports to neighboring countries exceed $28 billion in 2025

Turkey's revenues from exports to neighboring countries made $28.352 billion in 2025, marking an increase of 4.6% compared to 2024, when they amounted to $27.092 billion.

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: ، 2026/01/11 Time 03:56:24
Latest News:

Foreign Ministry Announces Completion of Evacuation of Stranded Tourists from Socotra

KSrelief Signs Agreement to Operate Prosthetics and Rehabilitation Center in Seiyun

Governor of Aden Takes Constitutional Oath Before President al-Alimi

Ambassador al-Sa'adi Discusses Developments in Yemen with Delegations of Permanent Members of UNSC

Yemen's Shura Council Welcomes Dissolution of Southern Transitional Council

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.