Aden — The Yemeni government has officially announced the formation of a high-level committee tasked with preparing the country’s general budget for the fiscal year 2026, marking a significant step toward restoring fiscal governance after years of disruption caused by conflict and institutional fragmentation.

The decision, issued by Prime Minister salem bin braik , comes after repeated postponements and interim spending plans that failed to meet international standards of transparency and accountability. 

The newly formed committee includes representatives from the Ministry of Finance, the Central Bank of Yemen, and the Supreme National Authority for Combating Corruption, along with economic advisors and parliamentary observers.

Government spokespersons stated that the committee’s mandate includes:

- Drafting a comprehensive budget framework aligned with national priorities

- Assessing revenue sources and expenditure needs across ministries

- Coordinating with international donors and financial institutions

- Ensuring compliance with principles of transparency and good governance

The move follows mounting pressure from civil society and international partners, including the World Bank and IMF, who have urged Yemen to reestablish formal budgetary processes to unlock further aid and investment.