Central Bank Governor: Next Phase Will Witness Significant Growth in Trade Between Yemen and Egypt
Governor of the Central Bank of Yemen Ahmed Ghaleb stated that “the coming phase will witness notable growth in trade and investment activity between Yemen and Egypt, amid technological developments in the global banking sector.”
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
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.
Paris Saint-Germain Crowned UEFA Champions League Winners
French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.
User Name: Password:
Prime Minister, World Bank hold talks on re-organizing projects
[05/06/2020 08:36]

RIYADH - SABA
Prime Minister Ma'een Abdulmalik, the Deputy Head of World Bank for the Middle East and North Africa Farid Balhaj, with attendance of the WB's Executive Director Mirza Hassan held Friday talk session via video conferencing.

The talks focused on cooperation between the government and the World Bank on combating corona endemic and reorganizing priorities in implementing the projects financed by the WB for contribution in alleviating humanitarian crisis and coordination in this field.

Minister of Planning and International Cooperation Najeeb al-Awej and the Head of the Executive Bureau for Absorbing Donor's Pledges Ala'a Qasem attended the talks, which touched upon improving mechanisms of programs intervened by the WB and the International Monetary Corporation and focusing on providing direct support to the citizen, supporting the state institutions and the government efforts for facing climate changes.

The convening parties discussed suggestions and visions helping the government to continue providing subsidies to Yemeni merchants for importing basic needs and building partnerships with private sector for carrying out vital projects and expanding the process of paying salaries of public employees to alleviate intensity of the humanitarian crisis.

The two parties discussed also a number of common concern issues, boosting national efforts for facing corona virus and including Yemen within the bank's new regional projects and pardoning it from debts due to current challenges the country faces.

Prime Minister reviewed the critical economic situation of Yemen under corona endemic and natural catastrophes and their effects on health, humanitarian and service levels, thanking the WB for emergency response to the projects of facing corona virus and combating locusts and endemics.

For its part, the leadership of the World Bank appreciated exceptional efforts made by the government in this critical stage, pointing to the organization's care to include Yemen within its new projects.




Central Bank Governor: Next Phase Will Witness Significant Growth in Trade Between Yemen and Egypt
Yemen Offers Condolences to Saudi Arabia Over Victims of Aramco Helicopter Crash
President al-Alimi Receives Delegation from U.S. Oil Company Hunt
Prime Minister Chairs Meeting on Fiscal Reform Priorities with Finance Ministry Leadership
Minister of Environment Discusses Environmental and Climate Cooperation with Friedrich Ebert
Vice Foreign Minister, Ukrainian Ambassador Discuss Bilateral Cooperation
Yemen Denounces Iran's Repeated Missile and Drone Attacks on Kuwait and Bahrain
Yemen Expresses Concern over Military Escalation in Sudan's El Obeid
Human Rights Report Documents 761 Houthi Violations in Sana’a During 2025
Speakers of the Yemeni Parliament and Shura Council Participate in Conference of Arab Parliament in Cairo

About Saba News Agency | Usage Agreement | Contact Us