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US confirms its continued support to the Central Bank of Yemen
[29/04/2018 04:31]

WASHINGTON -SABA
The United States of America has confirmed its continued support to the Central Bank of Yemen (CBY) to be a unified and an independent bank for all Yemenis.

In a statement, the State Department praised the efforts made by the CBY's management to improve its capabilities and overcome the existing technical difficulties.

The CBY governor Mohammad Zammam had concluded his consultations with the International Monetary Fund by meeting the IMF's Technical Assistance team which is in charge of assessing CBY's capabilities with the aim of designing a project to develop the CBY institutionally and make it keep pace with banking developments.

Zammam pointed out that the United States is considered one of the main supporters for upgrading the capacity of the CBY.

He pointed out that the US support and the technical and financial Saudi support, the latest of which was a $2 billion deposit, will help the bank implement its plans for recovering its legal and regulatory role.




Leadership Council Chairman Calls for International Stance Proportionate to Houthi Threat
Minister al-Soqatri, WB Delegation Inspect Unloading Center in Aden
Human Rights Ministry Condemns Houthi Militia's Killing of Children in Taiz
Water Minister Meets with ICRC to Discuss Aden Urban Planning Master Plan
Central Bank Governor Meets with EU Ambassadors to Discuss Economic Challenges
President al-Alimi Praises Judicial Authority's Efforts to Establish the Rule of Law
Transport Minister Discusses Maritime Sector Support with Japanese Ambassador
Vice Foreign Minister Meets with EU Ambassadors to Strengthen Cooperation
Parliament Speaker Meets with European Ambassadors
Minister al-Sharjabi discuses with UN-Habitat water supplies

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