Conclusion of annual meetings between the gov't and IMF on the economic situation

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Conclusion of annual meetings between the gov't and IMF on the economic situation

[07/06/2023 01:57]

Amman – Saba
The annual technical meetings between the government (represented by the Ministry of Finance, the Central Bank of Yemen, and representatives of the ministries of Planning and International Cooperation, Electricity, Energy, Oil and Minerals) and the International Monetary Fund mission, which started virtually on the 25th of last May have drawn to close.

The meetings discussed the overall conditions and challenges of the economic, financial and monetary sectors in Yemen and touched on a package of issues related to the general, service and living conditions of citizens, and the extent of the significant negative effects on public revenues, public finances and the monetary sector as a result of the terrorist Houthi coup militia's unjustified military escalation and targeting of vital and strategic economic sectors, in addition to the danger of exacerbating the security crisis.