The Kuwaiti Fund for Arab Economic Development signed Thursday a Grant Agreement with the United Nations High Commissioner for Refugees (UNHCR) worth $1.2 million to contribute to the rehabilitation and maintenance of homes for displaced persons in Yemen.
The death toll in the Gaza Strip has risen to 48,515, and the number of injuries has risen to 111,941, the majority of whom are children and women, since the start of the Israeli occupation's genocidal war on October 7, 2023.
The Qatar Central Bank's (QCB) international reserves and foreign currency liquidity increased by 3.81 percent in February to 255.916 billion riyals, compared to 246.509 billion riyals in the same month last year.
Saudi Arabia's Al-Taawoun qualified for the AFC Champions League semi-finals after defeating Iran's Tractor S. 4-2 on penalties, after both teams finished 2-2 after regulation and extra time.
Finance minister discusses with UK ambassador boosting Yemen's economy
[04/11/2021 06:09]
RIYADH-SABA
Minister of Finance Salem bin Buraik discussed Thursday with UK Ambassador to Yemen Richard Oppenheim coordinating financial efforts to boost financial policy and making use of Yemen's funds in the Bank of England to support economy and price of Yemeni Riyal.
The meeting touched upon means of rescuing national economy and stop deterioration the price of Yemeni rial, as well as enhancing capabilities of finance ministry's cadre and cadre of customs and taxes authorities for the purpose of improving revenues collecting.
Bin Buraik praised UK positions and roles for supporting Yemen and its government and efforts of realizing inclusive peace to alleviate suffering of Yemeni people.
He reviewed Houthi militia playing with the national economy and the national currency, which caused huge damages to economy and collapse of the Riyal amid big differences between the price of Yemeni Riyal in the same homeland.
He pointed out to Houthi militia's hindrance of government's efforts to pay salaries of big numbers of employees across Yemen.
For his part, the UK diplomat reconfirmed his country's support to Yemen and its economy, confirming readiness of facilitating measures to Yemeni government to withdraw from the state's funds in the Bank of England to help Yemen overcome its financial crisis.