Supporting key economic institutions

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Enabling key central level economic institutions of the Internationally Recognised Government, such as the Central Bank of Yemen and the Ministry of Finance, to function effectively and coherently to lead economic recovery and create the conditions for private sector development is a precondition for economic recovery and macro-economic stability. Strengthening capacities in tax administration and revenue generation is particularly significant to finance public deficits, critical public goods and services, and pay salaries in Yemen. For this end, improving capacity for economic data collection and analysis, making the financial sector more resilient and supporting public and private stakeholders in fighting corruption are key priorities.