Aden — The Republic of Yemen has officially resumed consultations with the International Monetary Fund (IMF) under Article IV of the Fund’s Articles of Agreement, marking the first such engagement in over a decade. 

The consultations, held in Amman, represent a significant step toward reestablishing Yemen’s economic dialogue with international financial institutions following years of conflict and institutional disruption.

The IMF’s Article IV consultations are a cornerstone of its surveillance mandate, allowing member countries to receive expert assessments of their macroeconomic policies, fiscal frameworks, and financial stability. The mission to Yemen concluded with a Concluding Statement outlining preliminary findings and recommendations aimed at supporting economic recovery and institutional reform.

According to the IMF, the 11-year pause in consultations was largely due to the civil conflict that erupted in 2014, which suspended Yemen’s Extended Credit Facility (ECF) arrangement and disrupted the production of key economic indicators. The resumption of talks signals renewed confidence in Yemen’s governmental institutions and a willingness to engage in transparent policy dialogue.

Yemen’s Prime Minister Salem Saleh bin Brek attended the final session of the consultations, underscoring the government’s commitment to economic reform and international cooperation. The discussions focused on stabilizing public finances, improving governance, and addressing the humanitarian crisis that continues to affect millions of Yemenis.

The IMF staff emphasized the importance of restoring core economic functions, rebuilding statistical capacity, and enhancing coordination with donors. While the mission does not entail immediate financial assistance, it lays the groundwork for future support and technical collaboration.

This renewed engagement comes at a critical juncture for Yemen, which remains one of the world’s most fragile states. The IMF’s involvement is expected to help guide policy reforms and attract international aid, provided that political and security conditions allow for sustained progress.