President of the Presidential Leadership Council Rashad al-Alimi received Thursday Chairman of the Consultation and Reconciliation Authority Mohammad al-Ghaithi and his deputies Abdulmalik al-Mikhlafi, Sakhr al-Wageeh, Jamila Ali Raja'a and Akram al-Ameri.
A member of the Presidential Leadership Council, Major General Aidarous Qassem Al-Zubaidi, chaired this morning at the Presidential Palace in Ma’ashiq an extraordinary meeting of the Council of Ministers.
Yemeni government concludes talks with WB on financial policies
ADEN - SABA
The final release of talks between the government of Yemen and World Bank's mission to Yemen issued by the Central Bank of Yemen's Technical Team confirmed that the war in Yemen led to sharp drop of the price of Yemeni Rial and rising food prices.
In the talks held through Video Conferencing started on May 24 and concluded Thursday June,3, a number of vital issues associated with cash and financial policies.
The conflict in Yemen during the past six years has demolished foundations of Yemen's economy and created severe humanitarian crisis affected 24 million Yemeni people accompanied by foreign support deterioration, exhausting of reserve of foreign currency and negative effect of corona pandemic, which led to reduction of expatriates' remittances, said the release.
The release pointed out that increasing of local resources will have significant results in realizing economic stability, stressing necessity of reconstructing institutional capabilities and improving government's policies and boosting governance and transparency to encourage foreign financial support.