Yemen Monitor/Newsroom:
The Central Bank of Yemen in Aden announced on Sunday the start of the annual consultative meeting between the government and the Central Bank of Yemen’s governor, Ahmed Galib, with the attendance of Deputy Finance Minister Hani Wahab and the IMF mission led by Esther Perez.
The talks, which began in the Jordanian capital, Amman, and will continue for about five days, with the participation of representatives from the Central Bank, the Ministries of Finance, Oil, Electricity, and Public Works, aim to discuss a number of issues related to economic and financial developments and their future prospects, national economic recovery plans, and the necessary reforms to address the current challenges and difficulties resulting from the Houthi militia war and other damages caused by its military and intellectual harm.
The discussions include the government’s efforts to continue implementing a comprehensive program of economic, financial, and administrative reforms, mobilizing the state’s resources, especially non-oil resources in the liberated governorates, strengthening the national economy, and alleviating the suffering of the population by providing basic services, as well as developing the capacities of the financial and monetary sectors, according to a statement by the Yemeni Central Bank.
Government officials stressed the importance of these meetings, which come amid the many challenges facing the Republic of Yemen. They also highlighted the need for a well-defined national economic and financial strategy to address these challenges, focusing on effective economic reforms and the required international support to help the Yemeni government’s efforts in various areas. They emphasized the continued support of the International Monetary Fund in mobilizing support to help Yemen overcome many difficulties.
