Yemen discuses with World Bank means of using SDR

Yemen Welcomes International Recognition of Palestinian State

The Republic of Yemen has welcomed the announcement by Canada, Australia, Portugal, and Malta of their intention to recognize the State of Palestine. In a statement, the Yemeni Foreign Ministry expressed appreciation for this significant international development, viewing it as a historic milestone and an important step towards ending a conflict that has lasted for over half a century.

Bulgaria Launches First Innovation Centre for Internal Security

Bulgaria's Prime Minister, Rosen Zhelyazkov, inaugurated the country's first innovation centre dedicated to internal security, AXON lab, at the Academy of the Interior Ministry on Friday. The centre focuses on training and applying modern technologies in law enforcement.

GDP grows 0.1 percent in Eurozone

The Gross Domestic Product (GDP) in the Eurozone recorded a growth rate of 0.1 percent during the second quarter of the current year 2025, while it increased by 0.2 percent in the European Union compared to the previous quarter.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/08/01 Time 06:47:42
Latest News:

PM orders well preparations for International Conference on Food Security in Yemen

Yemeni Minister Discusses Water and Environment Projects with UNDP

Deputy Planning Minister Discusses Development Support with UN Advisor

Maj. General al-Zubaidi underlines Yemen's need for Chinese assistance to develop electricity services

Parliament Speaker participates in conference for parliamentary leaders

Yemen discuses with World Bank means of using SDR

[21/12/2021 06:55]

RIYADH-SABA
Minister of Finance Salem bin Buraik and Governor of the Central Bank of Yemen Ahmad al-Ma'abaqi discussed Tuesday with World Bank's team, through visual communications, means and methods of using Special Drawing Rights worth USD 650 million allocated by the organization to Yemen.

The meeting discussed means of liquefying units of drawing rights and ways of using them and the two parties agreed on making a mechanism for absorbing those funds for the purpose of realizing relative stability to the prices of Yemeni rial and alleviating suffering of the people over increasing food goods' prices.

The meeting also discussed possibility of using part of the SDR for developmental purposes serving the interests of the homeland and citizens, in addition to responding to public health needs, mainly coronavirus vaccines and requirements.