EconomyNews

Yemen and IMF Discuss Comprehensive Financial and Monetary Reform Program

Yemen Monitor/Newsroom:

The Governor of the Central Bank of Yemen, Ahmed Ghaleb, discussed today in Washington D.C., the capital of the United States, with the Executive Director for the Arab Group and Maldives at the International Monetary Fund, Dr. Mohamed Maait, the most prominent economic and financial challenges facing Yemen and ways to enhance cooperation with the Fund.

The meeting took place at the IMF headquarters on the sidelines of the 2025 Annual Meetings of the IMF and the World Bank Group. The two sides reviewed the results of the recently concluded Article IV consultations held in Amman, with their report scheduled to be submitted to the Executive Board before the end of this year.

The two sides also discussed the possibility of Yemen joining a comprehensive financial and monetary reform program supported by the Fund. This would allow Yemen to benefit from emergency financing programs designated for member states facing similar economic crises.

The meeting was attended by Yemen’s Ambassador to the US, Abdulwahab Al-Hajjri, the Deputy Minister of Finance, Hani Wahab, the Deputy Ambassador, along with a number of officials from the Central Bank and the Ministry of Finance, according to a statement issued by the Central Bank of Yemen.

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