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Last Update: ،
2025/06/16
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09:38:12
Latest News:
Newly Appointed Judges to Supreme Court Take Oath of Office
Health Minister Chairs Expanded Meeting of Medical Emergency Committee
Leadership Council Chairman Holds Phone Call with Djiboutian President
UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff
Yemen Expresses Aspiration for Genuine and Sustainable Peace Based on Agreed upon References
Latest News:
Newly Appointed Judges to Supreme Court Take Oath of Office
Health Minister Chairs Expanded Meeting of Medical Emergency Committee
Leadership Council Chairman Holds Phone Call with Djiboutian President
UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff
Yemen Expresses Aspiration for Genuine and Sustainable Peace Based on Agreed upon References
Yemen participates in 11th Forum of Paris Club's countries
[26/06/2024 01:10]
PARIS - SABA
The Republic of Yemen participated Wednesday in the 11th Annual Forum of the Paris Club countries for the year 2024 with a delegation headed by the Minister of Finance, Salem bin Buraik.
The round table sessions at the forum, with the participation of the Head of the Technical Office at the Ministry of Planning and International Cooperation, Engineer Shuaib Al-Saghir, discussed a number of files, including sovereign debts in the context of the global economy, the axes that must be taken into account, especially the global economic environment, positive developments, debt restructuring, as well as ensuring successful debt resolution, and the importance of the roles of international financial institutions in supporting debt restructuring processes, as well as the conditions of the common framework agreed upon by the G20 countries according to the Paris Club creditors.
Finance Minister bin Buraik addressed the great and exceptional economic and humanitarian challenges facing the country due to the continuation of the war ignited by the Iran-backed Houthi rebel militia.
He stressed the importance of the international community's support to assist in addressing the sovereign debts of fragile states comprehensively and flexibly, in coordination between the concerned parties, expressing the government's appreciation for the efforts made within the framework of the common framework and the Paris Club to address debt issues.
The Minister also reiterated the importance of taking into account the special circumstances of fragile and conflict-affected states in any debt restructuring initiatives, as well as the need to enhance coordination between official and commercial creditors to ensure a comprehensive and fair resolution of debts.
He pointed out to the need to take into account the special needs of fragile states, including our country Yemen, such as the requirements of reconstruction, peacebuilding, and achieving sustainable development goals, as well as intensive capacity-building programs in debt management, and the development of mechanisms to improve debt transparency.
The Republic of Yemen participated Wednesday in the 11th Annual Forum of the Paris Club countries for the year 2024 with a delegation headed by the Minister of Finance, Salem bin Buraik.
The round table sessions at the forum, with the participation of the Head of the Technical Office at the Ministry of Planning and International Cooperation, Engineer Shuaib Al-Saghir, discussed a number of files, including sovereign debts in the context of the global economy, the axes that must be taken into account, especially the global economic environment, positive developments, debt restructuring, as well as ensuring successful debt resolution, and the importance of the roles of international financial institutions in supporting debt restructuring processes, as well as the conditions of the common framework agreed upon by the G20 countries according to the Paris Club creditors.
Finance Minister bin Buraik addressed the great and exceptional economic and humanitarian challenges facing the country due to the continuation of the war ignited by the Iran-backed Houthi rebel militia.
He stressed the importance of the international community's support to assist in addressing the sovereign debts of fragile states comprehensively and flexibly, in coordination between the concerned parties, expressing the government's appreciation for the efforts made within the framework of the common framework and the Paris Club to address debt issues.
The Minister also reiterated the importance of taking into account the special circumstances of fragile and conflict-affected states in any debt restructuring initiatives, as well as the need to enhance coordination between official and commercial creditors to ensure a comprehensive and fair resolution of debts.
He pointed out to the need to take into account the special needs of fragile states, including our country Yemen, such as the requirements of reconstruction, peacebuilding, and achieving sustainable development goals, as well as intensive capacity-building programs in debt management, and the development of mechanisms to improve debt transparency.
Key words:
comprehensively - reconstruction - International - comprehensive - international - restructuring - circumstances - peacebuilding - participation - requirements -
Prime Minister visits power stations in Aden, directs implementation of measures to increase generation
Newly Appointed Judges to Supreme Court Take Oath of Office
Health Minister Chairs Expanded Meeting of Medical Emergency Committee
Leadership Council Chairman Holds Phone Call with Djiboutian President
UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff
Yemen Expresses Aspiration for Genuine and Sustainable Peace Based on Agreed upon References
President al-Alimi Offers Condolences for Indian Plane Crash Victims
Tariq Saleh chairs joint meeting to discuss executive plan for preparation of master plan for Al-Khokha city
Yemen Participates in International Science and Technology Conference Preparations
Yemen calls on Iran to cease its destabilizing behavior and warns of the Houthi threat to shipping.
