Yemeni government concludes talks with WB on financial policies

Deputy Foreign Minister Praises Japanese Support for Yemen

The Under-Secretary of the Ministry of Foreign Affairs and Expatriates for Political Affairs Dr. Mansour Bagash expressed gratitude and thanks to the Japanese government for its constant support for Yemen and its significant contribution to the humanitarian and relief actions.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/15 Time 03:17:37
Latest News:

Yemen Calls on Arab Countries to Designate Houthi Militias as Terrorist Organization

Coalition Intercepts and Destroys Cruise Missile in Medina Region

Yemeni Rights Network Documents 219 Houthi Violations in Taiz in 48 Hours

European Union Calls on Houthi Militias to Lift Siege on Taiz, Allow Food Supplies to Enter the City

Government Calls for Urgent UN Action to Lift Siege on Taiz

Yemeni government concludes talks with WB on financial policies

[03/06/2021 07:33]

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.