Saudi Arabia announced, on Friday, new support for the Yemeni government and the Central Bank of Yemen worth half a billion US dollars.

The Central Bank of Yemen issued a clarification statement on Wednesday regarding what was published by the leader of the Southern Transitional Council, Fadi Baoum, regarding allegations of "smuggling money through official ports," considering that what he published falls within a sabotage operation that requires accountability and accountability.

On Monday, the Public Funds Prosecution in Shabwa Governorate, in cooperation and coordination with the Central Bank branch in the governorate, and the General Department of Security and Police in the governorate, launched an inspection campaign for exchange shops that violate the law.

Today, Tuesday, a government discussion session was held in the American capital, Washington, with the United States Agency for Development, regarding the development and rationalization of international support mechanisms for Yemen, on the sidelines of the participation of the Yemeni government delegation and the Central Bank in the annual meetings of the World Bank Group and the International Monetary Fund.

The Special Envoy of the Kingdom of Norway to Yemen, Heidi Johansen, affirmed her country's full support for the government in implementing reforms and the efforts it is making to alleviate human suffering.

“These sharp fluctuations in the exchange rate are an inevitable result of the deteriorating economic situation in the country, which directly affects the banking and financial sector,” said Deputy Governor of the Central Bank, Mohamed Omar Banajah.