NYN | News
On Sunday, Yemen’s internationally recognized government resumed consultations with the International Monetary Fund (IMF) under Article IV, after a suspension that lasted more than ten years due to the country’s exceptional circumstances.
The talks were held in the Jordanian capital, Amman, with the participation of a broad delegation of IMF experts and Yemeni government officials, led by Central Bank Governor Ahmed Ghaleb, Minister of Planning and International Cooperation Waed Bathib, and Deputy Minister of Finance Hani Wahab.
Discussions focused on the government’s economic recovery plan, which was approved by the Presidential Leadership Council and previously presented to donors, resulting in the formation of the “Yemen Partners Group.”
The government hopes the IMF’s involvement in this group will help unify and coordinate efforts to secure funding and technical support for implementing the projects outlined in the plan.
The government is also discussing with the IMF the possibility of preparing a dedicated program for Yemen, in addition to supporting an import financing bill estimated at around $470 million to cover essential import needs.
The government considers these consultations to be taking place at a critical time to enhance monetary and financial stability—particularly amid early signs of declining inflation rates and a relative improvement in the exchange rate in areas under its control.
