In October 2022, the OECD gathered 21 key local stakeholders from central level regulatory and supervisory institutions and the banking sector, alongside international and regional experts.
The objective of the worshops was to discuss the relevant policies and necessary actions to help restoring trust and capacities in the Yemeni banking sector to support a sustainable and inclusive recovery.
The dialogues were organised in the context of the EU-OECD Project on Promoting Economic Resilience in Yemen, they took place in Aman, Jordan.
The Seminar considered the priority areas and major needs for support in the banking sector shared by representatives from central level public and private Yemeni financial institutions during the capacity building activity organised in July 2022. More specifically, international experts shared knowledge and experience with representatives from central level financial Yemeni institutions and prominent active public and private banks to provide recommendations on actions to strengthen performance and resilience of the Yemeni banking sector.
Representatives of the public authorities (Central Bank of Yemen, Ministry of Finance, Ministry of Planning and International Cooperation) and a group of prominent active public and private banks in Yemen shared perspectives on their strategies to address major challenges in promoting public-private dialogue. The seminar also included targeted peer-learning training to provide concrete advices and tools to strengthen the capacities of Yemeni financial institutions in identified priority areas.
The EU-OECD project “Promoting Economic Resilience in Yemen” is financed by the European Union and implemented by the Organisation for Economic Co-operation and Development (OECD). Starting in September 2020 and with a total duration of three years, it aims to strengthen the socio-economic resilience of Yemen in order to create viable conditions for economic growth and private sector development. The project is implemented in partnership with the Yemeni Ministry of Planning and International Cooperation.