A recent report from the World Bank, released on October 31, 2024, outlines several recommendations to address the financial challenges and mitigate the economic pressures plaguing Yemen, largely due to the ongoing suspension of oil exports. The report highlights that the halt in oil exports, c...
On Monday, October 28, 2024, Ahmed Ghaleb Al-Maabqi, the Governor of the Central Bank of Yemen, presented a proposal to the World Bank focusing on key priorities for developing the monetary sector in Yemen. This presentation took place during a meeting with Waed Bazeeb, the Minister of Planning...
On Tuesday, September 24, 2024, Rashad Alimi, the President of Yemen’s Presidential Leadership Council, reiterated his request to the World Bank to direct its financial support through the Central Bank in Aden, the city designated as Yemen's temporary capital. During a meeting in New ...