Ministers Bin Bureik, Badhib discuss with Paris Club economic hardships, financial reforms

To manage challenges, national efforts need to be joined, international support imperative—al-Arada stressed

The Member of Presidential Leadership Council (PLC) Sultan al-Arada, confirmed that the challenges currently facing our country require joining national efforts and increasing regional and international support in order to contribute toward restoring the state institutions, achieving stability and alleviating the suffering of the Yemeni people.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/16 Time 11:43:38
Latest News:

Planning Minister Discusses Humanitarian and Development Plan Priorities with UN Resident Coordinator ..

Al-Khanbashi: Netherlands' developmental interventions greatly valued

Prime Minister receives Italian Foreign Ministry delegation

Leadership Council Member Al-Aradah Discusses Political, Economic Developments with EU Ambassadors

Coordinating Humanitarian Efforts of Relief Organizations in Wadi Hadramout Discussed

Ministers Bin Bureik, Badhib discuss with Paris Club economic hardships, financial reforms

[29/06/2023 01:26]

PARIS-SABA
Ministers of Finance Salim bin Bureik and Planning and International Cooperation Dr. Wa'id Badhib held discussions today, Friday, in Paris with the members of the General Secretariat of Paris Club creditors headed by Club Secretary-General Philippe Dupera over th developments about the economic hardships and harsh humanitarian situations in Yemen and the government's efforts to improve public situations.

The Minister of Finance touched upon the government's efforts and the package of financial and economic reforms to qualify Yemen for the upcoming debt suspension initiative under the joint framework of the G20 countries.

Bin Bureik stressed that it is very important to start coordinating with the World Bank and the International Monetary Fund in order to complete the study of debts sustainability before rescheduling them and signing the next extension agreement.

For his part, Minister Badhib touched on the efforts of the Ministry of Planning to provide technical assistance to the authorities charged with preparing a database of public debt, analyzing the ability to bear debts, building capacities to manage the debts and the capabilities of monetary policy makers.

The Paris Club General Secretariat team affirmed the continuation of closely coordination with the Yemeni government and creditors from the Paris Club and the G20 for the constant implementation of the requirements of the debt suspension and extension initiative.