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  Local
Symposium in Hajjah on anniversary of Great Battle of Badr
[29 March 2024]
Evenings in Hajjah on National Resilience Day
[29 March 2024]
24 contestants qualified for Quran competition
[29 March 2024]
Distributing food baskets to 18,000 families in Bayda
[29 March 2024]
Education announces issuance of seating numbers for high school students
[29 March 2024]
 
  International
Khamenei receives al-Nakhalah, confirms Zionist entity's inability to defeating resistance factions
[29 March 2024]
Government Office in Gaza says enemy executed more than 200 displaced Palestinians in al-Shifa Complex
[29 March 2024]
UNRWA calls for immediate lifting of restrictions on aid to Gaza
[29 March 2024]
Enemy storms al-Bireh city
[29 March 2024]
120,000 worshipers perform Isha, Tarawih prayers in al-Aqsa Mosque
[29 March 2024]
 
  Reports
Red Sea Ports Corporation...Nine years of steadfastness in face of repercussions of aggression
[28 March 2024]
Expected exchange deal.. Resistance tends to reject it, & Zionist enemy makes up its mind
[25 March 2024]
(Saba) correspondent: Zionist enemy insists on displacing Gaza residents despite talk of progress in its talks with resistance
[25 March 2024]
Zakat Office in Capital Municipality... Specific projects worth Over 4.5 billion riyals
[24 March 2024]
Gaza liberates Arabs & Muslims from complex called “Israel” & exposes America's & West's hypocrisy
[24 March 2024]
 
  US-Saudi Aggression
American-British aggression launch three raids on Hajjah
[15 March 2024]
American-British aggression launch 12 raids on Hodeida
[11 March 2024]
American-British aggression hits farm in Hodeida
[20 February 2024]
Four citizens injured by explosion of leftover military ordnance in Marib
[19 February 2024]
9 raids of US-British aggression on governorates of Sana'a and Hajjah
[04 February 2024]
  Local
Meetings of Central Bank of Yemen with IMF concluded in Sanaa
Meetings of Central Bank of Yemen with IMF concluded in Sanaa
Meetings of Central Bank of Yemen with IMF concluded in Sanaa
[31/March/2020]

SANAA, March 31 (Saba) – The Central Bank of Yemen in Sanaa and the International Monetary Fund (IMF) on Tuesday concluded their meetings, which were held via a closed-circuit television at the bank's headquarters in the capital Sanaa.

During the period from March 5 to 30, three meeting were held with the participation of the Central Bank of Yemen, representatives of the Ministries of Finance and Planning, the Central Statistical Organization, and a representative of the World Bank, the European Union, and the United Nations.

The last meeting, chaired by Deputy Director of the Middle East Department at the IMF and attended by a number of experts in the economic aspect, discussed a study and diagnosis of the overall economy of the Republic of Yemen with a view to assessing the economic and social situation in general in order to know the problems and proposed solutions to them.

The discussion focused on four main topics related to monetary policy, general economic indicators, salaries of civil servants, and areas of joint cooperation during the next stage.

In this regard, the Central Bank stressed the importance of the international financial institutions' role in supporting the process of paying the state employees' salaries, especially in light of the risks and threats related to the Corona virus.

The Central Bank indicated to the catastrophic repercussions of the aggression and the blockade on the health sector in Yemen, which requires providing the necessary support to overcome the current challenges, especially with regard to strengthening efforts to confront Corona.

In the meeting, the Central Bank of Yemen in Sanaa reviewed the banking sector plan to continue working in confronting Corona.

IMF affirmed its desire that these meetings be held periodically to promote and support monetary and financial policies, so as to achieve stability in the exchange rates of the local currency, whether by providing technical advice or supporting capacity building.

The fund noted to the desire to provide solutions and remedies to bridge the deficit in the balance of payments, praising the high professionalism, the distinct efficiency, and the capabilities of the staff of the Central Bank of Yemen in Sanaa and the government agencies that participated in the meeting.

 

BA



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UPDATED ON :Fri, 29 Mar 2024 10:34:10 +0300