Yemeni government concludes talks with WB on financial policies

Leadership Council Chairman receives UN Special Envoy

President Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council, received today, Wednesday, United Nations Special Envoy Hans Grundberg.

Bulgarian Environment Minister says climate policy is widely neglected

Bulgaria's Environment and Water Minister Yulian Popov said on Friday in a conference on Bulgarian energy strategy and security that climate policy in the country is widely neglected.

Ukraine's grains exports raise the GDP 5.5%

The Ukrainian Ministry of Economy reported that the Gross Domestic Product (GPD) during the time from January to October this year grew at a ratio of 5.5 percent year on year.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2023/12/06 Time 01:49:07
Latest News:

Chief of Staff discusses military cooperation with Egyptian naval, air-forces commanders

Brig. Gen. Tariq Saleh inaugurates construction of Al Khowkha Central Hospital, announces a solar energy ..

Saudi Arabia, Qatar confirm full support to solving Yemen's crisis

Al-Sharjabi discusses with German official support to Yemen institutions

Dep. Chief of General Staff confers with French Military Attaché over security collaboration

Yemeni government concludes talks with WB on financial policies

[03/06/2021 07:33]

ADEN - SABA
The final release of talks between the government of Yemen and World Bank's mission to Yemen issued by the Central Bank of Yemen's Technical Team confirmed that the war in Yemen led to sharp drop of the price of Yemeni Rial and rising food prices.

In the talks held through Video Conferencing started on May 24 and concluded Thursday June,3, a number of vital issues associated with cash and financial policies.

The conflict in Yemen during the past six years has demolished foundations of Yemen's economy and created severe humanitarian crisis affected 24 million Yemeni people accompanied by foreign support deterioration, exhausting of reserve of foreign currency and negative effect of corona pandemic, which led to reduction of expatriates' remittances, said the release.

The release pointed out that increasing of local resources will have significant results in realizing economic stability, stressing necessity of reconstructing institutional capabilities and improving government's policies and boosting governance and transparency to encourage foreign financial support.