The International Monetary Fund suspends its activities in Yemen and fears the consequences of the decision on the stability of exchange rates
Yemen
Yamanat
The International Monetary Fund announced the suspension of its activities in Yemen, at a time when the country is experiencing multiple crises and a decline in the internationally recognized government’s control over the areas it administers.
Government sources reported that the International Monetary Fund informed the Central Bank of Aden late last week of its decision to abruptly suspend its activities in Yemen and postpone “indefinitely” its board meeting to discuss the Article 4 consultations on Yemen.
In October 2025, the Fund announced the resumption of its activity in Yemen and the return of Article IV meetings with the Yemeni government, after a hiatus that lasted approximately 11 years.
The Fund’s decision has raised concerns among authorities, especially as it could have negative consequences, the most significant of which is the threat to the stability of exchange rates in areas administered by the internationally recognized government.
On Sunday, December 14, 2025, Chairman of the Presidential Council, Rashad Al-Alimi, discussed with the Governor of the Central Bank of Yemen, Ahmed Ahmed Ghaleb, the potential repercussions of the decision of the International Monetary Fund to suspend its activities in Yemen, in light of fears that this decision would lead to thwarting the economic recovery program implemented by the Ben Brik government, which has received great support and attention from the Fund.
According to the official Saba news agency, the meeting discussed the necessary measures to contain the repercussions of the decision of the International Monetary Fund on the achievements made in stabilizing the price of the national currency, the flow of fuel and goods and improving the level of basic services.
Although the Fund has not officially revealed the reasons for the suspension decision, government sources report that the reasons for this decision are due to the recent repercussions observed in Hadhramaut and Al-Mahra governorates.
Yemen