Consultative meetings between government, IMF concluded in Amman

Civil Aviation and Met. Authority Confirms that Prior Flight Permission Necessary to Inter Yemen Airspace

The General Authority of Civil Aviation confirms the need to obtain prior authorization to enter Yemen's airspace The Civil Aviation and Met. Authority, in the temporary capital Aden, confirmed that airlines, international organizations and operators must obtain a prior flight permission from the Authority to enter the airspace of the Republic of Yemen, as it is the official civil aviation authority of the country.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/18 Time 06:59:24
Latest News:

Yemen Condemns Repeated Iranian Attacks on Kuwait, Bahrain, Jordan

President al-Alimi, UN Envoy Discuss Efforts to Revive Yemen Peace Process

President al-Alimi: State Will Not Allow Flights Outside State Authority, Houthis Must Accept Humanitarian ..

Masam Destroys 4,573 Explosive Remnants of War in Abyan

UN Envoy Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights

Consultative meetings between government, IMF concluded in Amman

[02/05/2024 07:21]

AMMAN - SABA
The annual consultative meetings between the government and International Monetary Fund concluded Thursday in the Jordanian capital, Amman.

The Government's party was represented by the Governor of the Central Bank of Yemen, Ahmed Al-Ma'baqi, the Minister of Finance Salem bin Buraik, and the IMF party was represented by experts from the Fund led by Joyce Wong.

During the meetings, the overall situations and challenges in the economic, financial, and monetary sectors were discussed in light of the ongoing war by the terrorist Houthi militia, supported by Iran.

The two parties also discussed a package of issues related to the worsening general services and living conditions of citizens due to the continued economic war waged by the Houthi militia against Yemen and Yemenis, as well as the Houthi escalation in the Red Sea and the Gulf of Aden.

The discussions also included government policies in the financial and monetary aspects, the level of implementation of comprehensive government reforms in the economic, financial, monetary, and administrative sectors with the support of government partners in sisterly, friendly, and donor countries, and government efforts to enhance state resources to improve the general conditions and alleviate human suffering.

The need for financial and technical support to achieve economic stability and promote capacity building in the financial and monetary sectors was also highlighted in the discussions.

The meetings affirmed that the ongoing suspension of oil exports continues to impact economic activity in Yemen, constraining the government's budget and foreign reserves.
The reason for the suspension of crude oil exports, which constitute 65 to 70 percent of the country's total public resources, for about a year and a half, is attributed to the Houthi militia's targeting of vital oil export facilities in the country.

The escalation in the Red Sea also has negative effects on economic activity.
The meetings also affirmed that improving economic prospects are linked to positive progress in peace talks and continued commitment to comprehensive reforms.

They emphasized the need for financial sector stability and adherence to state standards for combating money laundering and financing terrorism, as well as continued external financing to maintain macroeconomic stability, support humanitarian needs, stabilize prices, and support the reform process.

They highlighted the difficulty of the humanitarian situation, especially as around 17 million citizens face food insecurity, and acknowledged Gulf support in alleviating the situation in Yemen, as well as government efforts to implement reforms and enhance transparency.