The Import Regulation and Financing Committee reviews progress on currency requests and coverage of commodity imports.
National Committee Reviews Import Financing Progress
The National Committee for Organizing and Financing Imports convened today, Sunday, at the Central Bank of Yemen’s headquarters in Aden. The meeting, led by Deputy Chair and Minister of Industry and Trade, Mohammed Al-Ashwal, focused on the achievements made over the past week regarding the processing of currency requests and external coverage for commodity imports.
Recent Achievements in Import Requests
During the meeting, which included a virtual attendance by Central Bank Governor and Committee Chair Ahmed Ghaleb, the committee reported that from August 10 to 14, 2025, it approved 91 requests. These requests totaled approximately $39,686,578.
Participation from Financial Institutions
The committee highlighted that 15 banks and three exchange companies participated in submitting these requests. This collaboration underscores the active involvement of various financial institutions in facilitating import financing.
Conclusion
The ongoing efforts of the National Committee for Organizing and Financing Imports demonstrate a commitment to enhancing Yemen’s import processes. By streamlining currency requests and ensuring effective external coverage, the committee aims to support the country’s economic stability and growth.
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