Flag of Yemen

Economic Growth and Trade

Speeches Shim

Tomato production training in De Sefal District.
Tomato production training in De Sefal District.
Pragma Corp for USAID

USAID is strengthening the Central Bank of Yemen and the Ministry of Finance to stabilize and create a productive macroeconomic environment given the ongoing conflict. USAID provides financial and marketing advice to Yemeni small and medium enterprises, primarily in the fishery and agriculture sectors, that generate the value needed to create jobs, increase incomes, and support sustainable livelihoods.

USAID and the private sector are working to ensure that job creation and income enhancing opportunities reach a broad spectrum of Yemenis, including women, youth, and ex-combatants. USAID supports the Republic of Yemen Government (ROYG) in advancing macroeconomic reforms critical to stabilizing a collapsing economy and reestablishing a functioning trade regime. Such work includes capacity-building in the Central Bank of Yemen (CBY) and the Ministry of Finance (MOF), as well as facilitating the flow of commercial and humanitarian goods and services through Yemen’s borders and ports. USAID programs also directly support small and medium-sized enterprises to improve fish and farm productivity and establish linkages to domestic and international markets. Ultimately, USAID economic interventions are designed to increase employment and incomes of Yemeni households and sustain their livelihoods.

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Last updated: November 12, 2020

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