National delegation meets WB team on Yemen

Al-Aradah Emphasizes Importance of Unifying Media Discourse

Member of the Presidential Leadership Council Major General Sultan al-Aradah has emphasized the importance of strengthening coordination between official and private media institutions, consolidating a responsible media discourse and unifying efforts in a way that achieves integration and serves the comprehensive national media message.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/16 Time 08:31:42
Latest News:

Major General Al-Zubaidi Emphasizes the Importance of Developing the Educational Process at Aden University

Foreign Minister meets with U.S. Ambassador

Foreign Minister praises China's support for Yemeni government

Al-Amiri emphasizes need to start implementing refugee pledges made at Global Refugee Forum

Health Ministry and WHO Collaborate to Strengthen Disease Surveillance and Vaccination Programs

National delegation meets WB team on Yemen

[12/04/2019 05:24]

WASHINGTON -SABA
Yemen's delegation participating in the spring meetings of the World Bank headed by Minister of Planning and International Cooperation Najeeb Al-Awj met the Yemen office team at the World Bank Group in Washington here today.

In the presence of Minister of Finance Ahmed Obaid Al-Fadhli and the Governor of the Central Bank of Yemen Hafedh Mi'ayad the delegation's head reviewed the government's priorities of economic recovery and reconstruction.

The finance minister stressed the importance of financing the budget deficit from non-inflationary sources, the importance of donor support in the field of public salaries and the continuation of social welfare program.

The central bank governor also stressed the importance of the World Bank's contribution to strengthening the central bank's main tasks aimed at achieving a stable money exchange rate by channeling aid from the international community through official financial channels, controlling exchange rates and stabilizing commodity prices in local markets.

The central bank governor pointed out to the importance of strengthening cooperation with the World Bank in re-activating the project of developing the central bank's infrastructure to ensure the bank's ability to supervise all financial transactions and introduce modern electronic payment systems.