Arab Monetary Fund emphasizes willingness to offer $150 million to Yemen

President al-Alimi: Unity has been Nobel Humanitarian, National Project for Southern, Northern Generations

His Excellency President Dr. Rashad al-Alimi, the Chairman of the Presidential Leadership Council, has directed an important address to the People of Yemen on the Occasion of the 36th Ceremony of the Republic of Yemen Marking 22nd of May.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/21 Time 07:56:24
Latest News:

Presidential Leadership Council Chairman Receives National Day Greetings from Russia and Japan

Deputy Governor of Taiz Meets German Embassy Official to Discuss Development Support

Minister of State for Women's Affairs Discusses Outcomes of Women's Summits

Deputy Interior Minister Meets with UN Envoy to Discuss Counter-Terrorism Efforts

Leadership Council Member Tariq Saleh Launches Development Projects in Western Coast with Saudi Support

Arab Monetary Fund emphasizes willingness to offer $150 million to Yemen

[10/02/2019 05:54]

DUBAI-SABA
The Chairman of the Arab Monetary Fund Abdurahman al-Hameedi said the Fund will work to finalize the necessary procedures to allocate $150 million from the Arab Trade Budget for Yemen, after Yemen settles the overdue installments as per the new debt structure.

Al-Hameedi made the remarks in a meeting with the governor of the Central Bank of Yemen Mohammed Zimmam in Dubai on Sunday. The meeting discussed the installments unsettled from 2016 due to the Houthi-triggered turbulence.

Zimmam on his part confirmed that Yemen would pay the overdue installments to the Arab Monetary Fund after this debt balance is restructured. Al-Hameedi noted that Yemen has always been committed to settling its debts and never before did it delay the settlement of its debts to any Arab or international financial institutions.

He therefore said it is the Fund's duty to stand by the side of Yemen in this crisis the country is going through.