Yemeni government concludes talks with WB on financial policies

Minister Mashdal Discusses Human Rights Cooperation with EU Ambassador

Minister of Human Rights Mashdal Omar discussed Sunday, via video conference, with the Head of the European Union Mission to Yemen Ambassador Patrick Simonnet areas of cooperation on issues related to human rights.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Italian Industrial production falls 0.6 percent

Industrial production in Italy experienced an unexpected decline of 0.6 percent in January compared to December, according to seasonally and calendar-adjusted figures.

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: ، 2026/03/16 Time 04:35:40
Latest News:

Over 30 civilians killed, injured by Houthi militias attack on Iftar banquet in Hajja

Minister Mashdal Discusses Human Rights Cooperation with EU Ambassador

PLC's Member al-Khanbashi convenes meeting of Security Committee in Hadramout

Prime Minister Receives New WFP Country Director in Aden

Al-Khanbashi Calls for Matrix of Priority Service and Development Projects

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.