National delegation meets WB team on Yemen

Al-Mahrami Meets Head of Land Authority, Reviews Performance Improvement Plans and Combating Encroachments

Presidential Leadership Council member Abdul Rahman Al-Mahrami met today, Tuesday, at the Presidential Palace in the interim capital, Aden, with the Head of the General Authority for Lands, Survey, and Urban Planning, Engineer Mohammed Abadi, to discuss the Authority's situation and its strategic plans aimed at improving its performance and raising the efficiency of its branches in various governorates.

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).

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.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/09 Time 04:19:10
Latest News:

UK reaffirms its commitment to supporting Presidential Leadership Council and government

Vice Foreign Minister praises Germany's support for Yemen

U.S. affirms its support for Leadership Council, government, Yemen's security, stability

President al-Alimi briefs Ambassadors of the countries sponsoring the political process on developments ..

Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts

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.