The talk session was held in Washington as the World Bank and the International Monetary Fund are holding their yearly conference.
The officials mainly discussed the current economic and financial crisis, highlighting the challenges that were awaiting Yemen if it was to move forward towards more stable institutions. The World Bank said to be willing to accompany Yemen in its journey, leaving the door open to more technical and financial help in the near future.
Andersen stressed that the organization was prepared to resume its financial aid programs in Yemen and that it would help to coordinate international investment programs as to enhance the country's ability to get out of its dire financial situation.
"Yemen now is the most important country in the WB’s region file”, Andersen said, voicing her deep concern over the deteriorating security situation, which hindered the bank’s tasks in Yemen.
She later added that the World Bank was preparing its return to Yemen after several months of absence. A few months ago, the WB decided to move its staff form the capital, Sana'a as it felt unsafe and wary of the deteriorating security parameters. All its programs were then suspended.
The Yemeni Finance Minister enounced the measures taken by Yemen to reduce the negative impact of the popular uprising on the economy, emphasizing the government's willingness to enact reforms in its financial and administrative sectors as to speed up recovery
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