The Yemen Trend - January 2018 Issue
Throughout January, efforts to renew the UN-sponsored peace process were met with mixed results, as the volatile power dynamics in Sana’a and Aden followed different trajectories. In Sana’a, the Houthi/GPC government further stabilized following the death of Ali Abdullah Saleh. The GPC-Sana’a confirmed its new president, the UN deputy envoy held meetings in Sana’a, and the Houthi delegation head travelled to Muscat for talks with UN officials. In Aden, the UAE-sponsored South
RESTORING CENTRAL BANK CAPACITY AND STABILIZING THE RIAL
Introduction As part of the “Rethinking Yemen’s Economy” initiative, more than 20 of the leading socioeconomic experts on Yemen converged for the second Development Champions Forum on January 14-16 in Amman, Jordan. Among the urgent topics of discussion was the deterioration of the value of the Yemeni rial (YR),the magnifying impact this is having on the humanitarian crisis,and the need to re-empower the Central Bank of Yemen (CBY) as the steward of the rial and the economy g
