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Finance Minister and central bank governor discuss with US official strengthening cooperation

[13/10/2022 04:09]

Washington - Saba
Minister of Finance Salem bin Breik and Governor of the Central Bank of Yemen, Ahmed Ghaleb, discussed with Mr. Anthony Marcus Director of the Middle East and.

North Africa Office in Treasury International Affairs Department of Treasury strengthening bilateral cooperation in the field of capacity building and modernizing banking compliance procedures, and the importance of strengthening efforts to adhere to the application of standards International Anti-Money Laundering and Terrorist Financing.

The meeting, held at the Yemeni embassy in Washington, discussed coordinating efforts with the Central Bank to fulfill the implementation of these standards by Yemeni banks so that they can restore their relations with international banks.

The meeting touched on the global economic situation in light of the existing crises and their negative repercussions on countries that suffer from exceptional situations such as the Republic of Yemen, and the role of the international community and international financial organizations in helping these countries to overcome these difficulties by adopting appropriate initiatives that provide soft funds that fit the conditions of crisis countries in particular.