September Net

Minister of Planning and International Cooperation Najib Al-Awj and Finance Minister Salim bin Breik discussed today with World Bank Group Vice President for the Middle East and North Africa Ferid Belhaj the possibility of the WB’s provision of further development support to Yemen.

Al-Awj pointed to the government’s efforts to prepare for a reconstruction and economic recovery program, the economic situation and resource scarcity, and the government’s efforts to pay salaries to all state employees in all regions of Yemen without exception.

He pointed to the Central Bank’s measures to maintain exchange rates through directing the assistance of international community organizations through official financial channels so that the Central Bank can manage them and enhances its ability to control exchange rates and stabilize the prices of goods in local markets.