Minister of Planning and International Cooperation, Dr. Waed Badhib, and the Governor of the Central Bank of Yemen, Ahmed Al-Mabaqee, participated in the general session of the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, D.C.
The Bulgarian News Agency (BTA) presented on Wednesday the English-language edition of 125 Years Bulgarian News Agency. The Real News: Stories On File 1989–2023 at its National Press Club in Sofia.
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Minister of Labor calls on donors to support govt's efforts to improve economic situations
[08/06/2023 06:59]
GENEVA-SABA
Minister of Social Affairs and Labor Dr. Mohammed al-Zaouri called on the international donors to mobilize more financial support for the economic and developmental projects in Yemen to sustain the government's efforts to cope with the economic crisis the country has been experiencing.
Speaking today, Thursday, at the 111 Session of the International Labor Conference held in Geneva he said" Houthi militia-triggered war for more than eight years has produced a catastrophic humanitarian situation and an extremely severe economic crisis in our country, resulted in depreciating national currency value, skyrocketing commodity prices, tens of thousands workers lost their jobs".
The Minister went on saying " Houthi militias' terrorist attacks on oil exports seaports have stopped oil exports, prevented the internationally recognized government from the key source of revenues, seriously exacerbated the economic hardships the Yemeni people have been enduring, amplified the formidable challenges facing the government that has been struggling to run its daily activities, maintain basic services ".