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

President al-Alimi praises adherence of Shoura Council, political parties to references of transitional stage

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) praised the nationalistic and responsible stances of the Shoura Council and the National Coalition of the Political Parties (NCPP) which affirmed their categorical rejection of any unilateral measures that weaken state institutions or undermine the existing partnership among national forces battling the Iranian regime backed Houthi terrorist militias.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/15 Time 05:52:19
Latest News:

Yemen Participates in 19th Meeting of CEDARE Board of Trustees in Virtual Session

Foreign Minister meets with Austria's Special Envoy

Maj. General al-Zubaidi briefed on health services in government-held governorates

Minister al-Soqatri Discusses with World Food Program Support for Agricultural, Fisheries Sector Projects

Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable

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.