Yemen Monitor / Newsroom:
U.S. has praised the role of Yemen’s Central Bank in maintaining monetary stability at a time when the eastern governorates are witnessing political and security escalation, coinciding with the departure of the Presidential Leadership Council and the Yemeni government from the temporary capital, Aden, against the backdrop of mounting tensions led by the Southern Transitional Council (STC).
U.S. Ambassador to Yemen Steven Fagin expressed his appreciation to Central Bank Governor Ahmed Ghaleb Al-Maabqi, commending his efforts in managing the financial sector and strengthening currency stability, and underscoring the importance of safeguarding the Central Bank’s independence as a cornerstone of economic stability.
The remarks came in a statement published by the U.S. Embassy in Yemen on its official X account, in which the ambassador emphasized the Central Bank’s commitment to implementing sanctions imposed on the Houthi group, designated as a terrorist organization.
The statements come amid growing concerns over the impact of political divisions and security unrest on the performance of sovereign institutions—chief among them the Central Bank, which is widely seen as one of the few remaining pillars of financial stability in the country.
