US confirms its continued support to the Central Bank of Yemen

President al-Alimi calls on EU to move from crisis management to eliminating Houthi threat, strengthening security, economic partnership

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) met with the High Representative of the European Union (EU) for Foreign Affairs and Security Policy, Kaya Kallas, on the sidelines of the Munich Security Conference.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/15 Time 06:23:24
Latest News:

President al-Alimi praises Finland's support for Yemen

PLC Member al-Muharrami Reviews Plans of Social Affairs and Labor Ministry in Riyadh

Leadership Council Chairman Meets Bahrain's Foreign Minister, Emphasizes Gulf Support

Leadership Council Chairman Meets US Senior Adviser to Discuss Support for State and Countering Iranian ..

Leadership Council Chairman Discusses with Dutch PM European Support to End Houthi Terror Threat

US confirms its continued support to the Central Bank of Yemen

[29/04/2018 04:31]

WASHINGTON -SABA
The United States of America has confirmed its continued support to the Central Bank of Yemen (CBY) to be a unified and an independent bank for all Yemenis.

In a statement, the State Department praised the efforts made by the CBY's management to improve its capabilities and overcome the existing technical difficulties.

The CBY governor Mohammad Zammam had concluded his consultations with the International Monetary Fund by meeting the IMF's Technical Assistance team which is in charge of assessing CBY's capabilities with the aim of designing a project to develop the CBY institutionally and make it keep pace with banking developments.

Zammam pointed out that the United States is considered one of the main supporters for upgrading the capacity of the CBY.

He pointed out that the US support and the technical and financial Saudi support, the latest of which was a $2 billion deposit, will help the bank implement its plans for recovering its legal and regulatory role.