Yemen Monitor/Newsroom:
The National Committee for Regulating and Financing Imports, chaired by the Governor of the Central Bank of Yemen, Ahmed Ghaleb, announced that it will begin receiving import financing applications (exchange and transfer) tomorrow, Sunday, through licensed banks and exchange companies.
The Governor stated in an interview with the official Yemeni News Agency that this step comes after the completion of all executive procedures, including specifying the list of goods that can be exclusively imported through official banking channels. This is intended to promote transparency, ensure the smooth flow of goods, and provide foreign currency under clear regulations to achieve financial stability and curb speculation.
He noted that the application process starts with submitting documents through banks or exchange companies, which are responsible for verifying their authenticity before forwarding them to the committee. He emphasized the necessity for all parties to adhere to the regulations to control import operations, prevent the use of the black market, and combat the negative effects on economic sectors.
He pointed out that goods not accompanied by official transfer documents will not be permitted to enter through customs ports.
