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عدن تايم
International Monetary Fund Agrees on Monitoring Program for Yemen's Economy
The Yemeni government teams and the International Monetary Fund (IMF) have reached an agreement in Amman on an economic and financial oversight program aimed at supporting efforts to restore financial stability in Yemen. The program includes the preparation of a macroeconomic and fiscal policy memorandum to enhance fiscal sustainability, maintain price and exchange rate stability, and improve monetary policy management. It also focuses on strengthening the independence of the Central Bank, developing the financial sector, and increasing transparency and governance. This initiative comes as part of the broader support for economic reforms aimed at establishing overall stability and strengthening institutions' capacity to face challenges. The government has reaffirmed its commitment to implementing a reform program based on national priorities and taking into account the current circumstances in the country, in continued partnership with the IMF to support the implementation of reforms and promote economic stability in Yemen.
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