The Minister of Finance discusses with the US Ambassador supporting reforms and facing war challenges

2023-01-26

 Finance Minister Salem Bin Brik discussed today, in Riyadh, with the US Ambassador to Yemen, Stephen Fagin, aspects of support for continuing financial and economic reform efforts, and facing the challenges posed by the conditions and circumstances of war in the country.

 The meeting reviewed the latest developments at the national level, the regional and international efforts to achieve comprehensive and lasting peace, and aspects of strengthening cooperation and joint coordination in various fields between the two countries.

The meeting also dealt with governmental efforts, with the support of brotherly and friendly countries, to alleviate human and living suffering and the negative economic effects of the war, measures taken to deal with the Iran-backed terrorist Houthi militia attacks on vital oil facilities in the country, and efforts to continue building the capacities of the Ministry of Finance and its affiliated interests and institutions. 

 Minister Ben Brik touched on the nature of the economic situation and government measures to deal with all the changes, and the efforts exerted to work to stabilize the economic situation, praising the efforts of the United States of America, the Kingdom of Saudi Arabia and the United Arab Emirates in supporting Yemen in various fields, especially the economic one.

 He also pointed to the doubling of the human and living suffering of citizens and the exacerbation of the catastrophic effects on public finances as a result of the recent military escalation of the Iranian-backed Houthi militia on the ports and oil installations in Hadhramout and Shabwa.

 Stressing the importance of firm international stances towards these attacks, and providing more technical and material support to meet the challenges and advance the infrastructure, institutions and cadres of the state.

 For his part, the US ambassador reaffirmed his country's continued support to Yemen to limit the exacerbation of the suffering of citizens, overcome financial and economic challenges, and strengthen the state's public resources, contribute to achieving stability and economic recovery, as well as support efforts to achieve peace and end the war.