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2026/03/17
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03:57:15
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Latest News:
Al-Khanbash: Efforts need to be joined to help IDPs
President al-Alimi: The region's stability contingent on deterring Iranian regime, its armed militias
Minister of Local Administration Discusses Efforts to Strengthen Decentralization with German Ambassador
Yemen’s Ambassador Discusses Joint Cooperation with German Ministry of Environment
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Yemen discuses with World Bank means of using SDR
[21/12/2021 06:55]
RIYADH-SABA
Minister of Finance Salem bin Buraik and Governor of the Central Bank of Yemen Ahmad al-Ma'abaqi discussed Tuesday with World Bank's team, through visual communications, means and methods of using Special Drawing Rights worth USD 650 million allocated by the organization to Yemen.
The meeting discussed means of liquefying units of drawing rights and ways of using them and the two parties agreed on making a mechanism for absorbing those funds for the purpose of realizing relative stability to the prices of Yemeni rial and alleviating suffering of the people over increasing food goods' prices.
The meeting also discussed possibility of using part of the SDR for developmental purposes serving the interests of the homeland and citizens, in addition to responding to public health needs, mainly coronavirus vaccines and requirements.
Minister of Finance Salem bin Buraik and Governor of the Central Bank of Yemen Ahmad al-Ma'abaqi discussed Tuesday with World Bank's team, through visual communications, means and methods of using Special Drawing Rights worth USD 650 million allocated by the organization to Yemen.
The meeting discussed means of liquefying units of drawing rights and ways of using them and the two parties agreed on making a mechanism for absorbing those funds for the purpose of realizing relative stability to the prices of Yemeni rial and alleviating suffering of the people over increasing food goods' prices.
The meeting also discussed possibility of using part of the SDR for developmental purposes serving the interests of the homeland and citizens, in addition to responding to public health needs, mainly coronavirus vaccines and requirements.
Key words:
SABA Minister - communications - developmental - requirements - organization - coronavirus - alleviating - possibility - liquefying - increasing -
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