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Governor of Central Bank of Yemen, International Monetary Fund discuss technical assistance

[13/10/2022 05:55]

WASHINGTON - SABA
Governor of the Central Bank of Yemen Ahmed al-Ma'baqi (CBY) held talks here today, Thursday, with Assistant Manager of Monetary Markets and Capital in the International Monetary Fund (IMF).

The discussions dealt with the technical assistance to be provided by the IMF to the CBY including rebuilding external reserves management, payments systems, data gathering systems, enhancing researches, statistics department, monitoring over banks and exchanges firms and money laundering and terrorism fiancés.

The deliberations also touched upon the CBY's plans to offer Islamic and traditional debits instruments, how to finance the budget's deficit from non-inflationary resources and underway plan for capacity-building of the CBY's staffs.