Source: Saba News Agency

Ahmed Ghaleb, Governor of the Central Bank, discussed cooperation relations and ways to enhance them with a delegation from the U.S. Federal Reserve on the sidelines of the 2024 Annual Meetings of the IMF and World Bank Group currently taking place in Washington DC, the capital of the United States.

The meeting addressed the banking services provided by the U.S. Federal Reserve to the Central Bank of Yemen and assistance in building the capacities of its staff in various roles to enable them to perform their duties with high professionalism and serve the Yemeni banking system.

In another meeting, the Governor of the Central Bank discussed with the U.S. Treasury team cooperation in the areas of combating money laundering and terrorism financing, upgrading banking sector operations, and enhancing the Central Bank’s capabilities in supervision and oversight of banks. This would enable the Central Bank and the banking sector to meet Yemen’s commitments in combating money laundering and terrorism financing, and facilitate the Yemeni banking sector’s access to the global financial system.

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