AFP KA / AS / PAS
The Yemeni government said, on Thursday, that it had asked the International Monetary Fund to facilitate access to loans to support the country’s economy, which has been severely affected by the 7-year-old war.
This came in statements by Finance Minister Salem bin Buraik, during his virtual meeting with the new executive director of the International Monetary Fund, Mahmoud Mohieddin, according to the official Yemeni news agency “Saba”.
The agency said that Ibn Brik, during the meeting, expressed his hope to work with the new executive director of the International Monetary Fund, to continue the joint plans and programs.
He also expressed his confidence in the International Financial Corporation’s understanding of Yemen’s conditions, and the challenges it is going through that require the support of the new government, and facilitate its access to loans to support the economic recovery.
The Yemeni minister called on the International Monetary Fund to support the government’s efforts in its plan to develop the state’s fiscal performance.
According to the agency, Ben Brik also discussed during the meeting the preparations made by the Ministry of Finance for the donors’ meeting, to present the ministry’s priorities and needs, and to request support in providing technical and financial support to meet these needs.
For the sixth year, Yemen is witnessing a violent war that has created one of the worst humanitarian crises in the world, as 80% of the population is in need of humanitarian aid, and the conflict has pushed millions to the brink of starvation.