Aden — Yemen’s Presidential Leadership Council Chairman Rashad al-Alimi held talks with Central Bank Governor Ahmed Ghalib to review the economic and monetary repercussions of the International Monetary Fund’s (IMF) decision to suspend its activities in the country.

According to official sources, the meeting focused on the potential risks the suspension poses to Yemen’s fragile financial system, including reduced access to international support, pressure on foreign reserves, and challenges in stabilizing the national currency.

Al-Alimi emphasized the importance of safeguarding economic stability and ensuring the continuity of essential financial services despite the IMF’s move. Governor Ghalib outlined measures the Central Bank is considering to mitigate the impact, including strengthening domestic monetary policies and seeking alternative channels of international cooperation.

The IMF’s suspension comes amid ongoing conflict and humanitarian strain, leaving Yemen heavily reliant on external aid and financial support. Analysts warn that the decision could further complicate efforts to manage inflation and sustain public sector salaries.

The leadership council reaffirmed its commitment to working with regional and international partners to address the economic fallout and protect the livelihoods of millions of Yemenis.