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2026/03/14
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10:19:32
Latest News:
Lt. Gen. al-Subaihi Discusses Efforts to Deter Terrorist Threats in the Region with the U.S. Ambassador ..
Promoting women participation very important for development—Al-Khanbashi stressed
Minister of Education Discusses with UNICEF Mechanisms to Strengthen Joint Cooperation
Planning Minister Discusses Expanded Cooperation with UNICEF and FAO
Yemen Stresses Unified Arab Position to Strengthen Development Role in Global Trade System
Latest News:
Lt. Gen. al-Subaihi Discusses Efforts to Deter Terrorist Threats in the Region with the U.S. Ambassador ..
Promoting women participation very important for development—Al-Khanbashi stressed
Minister of Education Discusses with UNICEF Mechanisms to Strengthen Joint Cooperation
Planning Minister Discusses Expanded Cooperation with UNICEF and FAO
Yemen Stresses Unified Arab Position to Strengthen Development Role in Global Trade System
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.
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.
Key words:
SABA Minister - communications - developmental - requirements - organization - coronavirus - alleviating - possibility - liquefying - increasing -
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