US confirms its continued support to the Central Bank of Yemen

President al-Alimi meets with French, British Ambassadors, U.S. Acting Ambassador

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC), met today, Sunday, the Ambassador of the Republic of France Katherine Corm Kammoun, the Ambassador of the United Kingdom Abda Sharif and the Acting Ambassador of the United States Jonathan Beich to discuss the latest developments in the Yemeni national arena, mainly the developments in the eastern governorates.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold Prices Stabilize as Investors Await Key US Data Release

Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/12/07 Time 03:55:37
Latest News:

Leadership Council Member Dr. Abdullah al-Alimi appreciates Mauritanian support for Yemen

Presidential Leadership Council Member al-Arada chairs meeting of military commanders in Marib

Dr. Abdullah Al-Alimi meets with Qatri Prime Minister, Minister of Foreign Affairs

Minister of Health, Chinese Diplomat Discuss Strengthening Bilateral Cooperation

President of the Leadership Council Departs Aden for Consultations on National Developments

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.