Yemen Central Bank Holds Key Meeting to Address Liquidity Crisis and Strengthen Financial Sector

Coast Guard discusses with French Ambassador enhancing maritime security cooperation

Assistant Undersecretary for Sectoral Affairs at the Coast Guard Service Brigadier General Musaad Asaad discussed Wednesday with French Ambassador to Yemen Catherine Corm-Kammoun ways to enhance joint cooperation in the field of maritime security.

Ancient City of Heraclea Sintica Nominated for Bulgaria's "Wonders" Award

The ancient city of Heraclea Sintica, located near Petrich in southwestern Bulgaria, is among 15 sites nominated for the 15th annual "Wonders of Bulgaria" award.

GCC-STAT: Positive growth for GCC economies in 1Q

The economies of the Gulf Cooperation Council (GCC) countries recorded positive growth during the first quarter of 2025, reflecting the continued economic stability and sustainable development trajectory in the region.

Morocco wins Under-20 Youth World Cup title

The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.

Last Update: ، 2025/10/29 Time 10:00:12
Latest News:

Presidential Leadership Council holds meeting with local authorities, urges joining efforts, resources

Yemen Chief Justice Discusses Judicial Cooperation with French Ambassador

Yemen Ambassador Participates in inauguration of 12th China-Asia Cultural Week

Houthi Militia Abducts Over 80 Civilians, Including Educators in Dhamar Province

Yemen Participates in 10th Ministerial Committee Meeting on Standardization in Kuwait

Yemen Central Bank Holds Key Meeting to Address Liquidity Crisis and Strengthen Financial Sector

[14/09/2025 05:48]

ADEN-SABA
The Central Bank of Yemen held a crucial meeting today in Aden, chaired by Governor Ahmed Ghaleb, to discuss recent financial and economic developments and devise strategies to tackle the local currency liquidity shortage.

The bank approved measures to address the liquidity shortage while maintaining strict monetary policies to ensure economic stability. Plans were also finalized for restructuring the Banking Institute, including appointing a new board and launching training programs to enhance banking sector capabilities.

Furthermore, the Central Bank aims to enhance and expand the unified financial transfer network to facilitate smoother transactions and combat illegal activities. Efforts will also be made to close unlicensed networks facilitating speculation and illegal transactions.

Governor Ghaleb emphasized the importance of the Import Financing Committee in regulating markets and ensuring stability. "The Central Bank remains committed to restoring economic stability and promoting a secure financial environment," he stated. "These measures will help Yemen overcome current challenges and pave the way for sustainable growth.