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Yemen calls on UK to respect central bank independence

Yemen calls on UK to respect central bank independence

LONDON (Debriefer) – The United Kingdom and Britain on Wednesday called on Yemeni parties to recognize efforts to restore the central bank’s independence and economic stability and to curb the collapse of the local currency.

The British embassy in Yemen, in a brief statement on its official page on Twitter, expressed concern over the recent rise in allegations against the central bank and its leaders in the provisional Yemeni capital, Aden, citing the interim council’s allegations. Recently to the bank.

British Embassy emphasizes the need for all parties to respect the independence of the Central Bank of Yemen

He welcomed the United Nations’ efforts through the Special Envoy to Yemen to extend the ceasefire and initiate discussions on the country’s economic aspects.

Earlier this week, the Southern Interim Council announced efforts to coordinate the banking operations of the Central Bank of Yemen, which is divided between Sanaa and Aden.

He noted in an official statement after the council’s presidency meeting that “suspicious movements of some central bank leaders abroad are serving suspicious agendas.”

Later, the leadership of the Central Bank of Yemen expressed its surprise that it was “a propaganda of lies and incitement carried out by one of the elements participating in power against a sovereign national institution.”

As a result of this dangerous stimulus, the bank’s leadership placed the interim committee fully responsible for the safety of the bank’s executives.

On Tuesday, Hans Grundberg, the UN special envoy to Yemen, confirmed that he was ready to begin immediate discussions on coordinating the banking process and ending the financial and banking divisions between Aden and Sanaa within a multi-pronged humanitarian ceasefire.

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