National delegation meets WB team on Yemen

Yemen’s Ambassador Discusses Strengthening Development Cooperation with Austrian Development Agency

Yemen’s Ambassador to Austria, Haytham Shoja'adin, met on Friday with the Director of the Austrian Development Agency, Bernd Brunner, to discuss ways to enhance and advance development cooperation between the two friendly countries.

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.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

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: ، 2026/02/20 Time 08:43:02
Latest News:

Yemeni Leadership Condemns Attempts to Disrupt State Institutions and Vows to Maintain Order

Stability of Aden cornerstone for eliminating the coup—Lieutenant General al-Subaihi stressed

Government Holds its First Meeting

Yemeni Ambassador Explores Ways to Boost Cultural Cooperation with Indonesian Minister

Yemeni Ambassador Discusses Boosting Judicial Cooperation with Moroccan Prosecutor General

National delegation meets WB team on Yemen

[12/04/2019 05:24]

WASHINGTON -SABA
Yemen's delegation participating in the spring meetings of the World Bank headed by Minister of Planning and International Cooperation Najeeb Al-Awj met the Yemen office team at the World Bank Group in Washington here today.

In the presence of Minister of Finance Ahmed Obaid Al-Fadhli and the Governor of the Central Bank of Yemen Hafedh Mi'ayad the delegation's head reviewed the government's priorities of economic recovery and reconstruction.

The finance minister stressed the importance of financing the budget deficit from non-inflationary sources, the importance of donor support in the field of public salaries and the continuation of social welfare program.

The central bank governor also stressed the importance of the World Bank's contribution to strengthening the central bank's main tasks aimed at achieving a stable money exchange rate by channeling aid from the international community through official financial channels, controlling exchange rates and stabilizing commodity prices in local markets.

The central bank governor pointed out to the importance of strengthening cooperation with the World Bank in re-activating the project of developing the central bank's infrastructure to ensure the bank's ability to supervise all financial transactions and introduce modern electronic payment systems.