Marib Completes Central Bank Network Link to Aden Headquarters as Part of Financial Reform Program
Yemen Monitor / Newsroom:
Yemeni authorities have announced the completion of network integration procedures linking the Central Bank branch in Marib Governorate with the bank’s headquarters in the interim capital, Aden. The government said the move is part of its broader financial and economic reform program aimed at strengthening oversight of public revenues and improving the management of state resources.
The announcement came at the conclusion of a visit by a joint committee from the Ministry of Finance and the Central Bank of Yemen to Marib Governorate. The committee presented the results of its work to Presidential Leadership Council member and Marib Governor Sultan Al-Aradah.
Deputy Finance Minister Hani Wahab said that launching the network connection between the Central Bank branch in Marib and its headquarters in Aden is one of the key requirements for implementing the financial reforms approved by the government in recent years. He added that the committee had successfully completed its assigned tasks according to the planned schedule.
According to officials who participated in the visit, the committee held a series of field meetings with financial and revenue-generating agencies in the governorate. It also reviewed operations at the Central Bank branch, the Finance Office, and the Tax Authority, while discussing technical and administrative requirements aimed at improving revenue collection efficiency and strengthening financial governance.
Governor Al-Aradah called for continued coordination among the Central Bank, the Ministry of Finance, and local authorities to implement the committee’s recommendations. He stressed the importance of completing the financial reform process and enhancing integration among government institutions responsible for public revenues and expenditures.
For his part, Jamal Al-Kamil, Director of the Central Bank branch in Marib, said that the branch had already been functionally connected to the headquarters in Aden during the past period. He explained that the recently completed work involved only certain technical and technological procedures related to the network integration system.
Al-Kamil added that the government account managed in Marib over recent years had been opened under official directives, and that all revenue collection and deposit operations had been conducted in accordance with the Central Bank’s established regulations and procedures. He emphasized that revenues had been deposited into the officially approved government accounts.
The move comes as the Yemeni government seeks to strengthen oversight of public resources and unify the country’s financial management system as part of broader efforts to address economic imbalances and improve revenue administration in areas under its control.
