Council of Ministers reviews economic, financial, monetary reforms

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Council of Ministers reviews economic, financial, monetary reforms

[23/11/2023 05:49]

ADEN-SABA
The Council of Ministers devoted its session today, Thursday, presided over by Prime Minister Dr. Ma'een Abdulmali to discuss the economic, financial and monetary reform in view of the report of the governor of the Central Bank of Yemen (CBY) and the progress realized in reforms.

The CBY's report cited the most important indicator of the economy, monetary policy, institutional reforms and the CBY's efforts to maintain the national currency exchange rates.

The Prime Minister briefed the Cabinet's members on the developments of the regional and international efforts to launch an inclusive political process to bring an end of the war, establish a fair and permanent peace.

The Cabient welcomed the humanitarian truce reached in Gaza Strip, wishing the Qatari, Egyptian and US good offices and mediation to develop the accord to a permanent cease-fire and move toward a comprehensive solution to the Palestinian cause.

The Council of Minister reiterated the Yemeni government's absolute opposition to the Houthi militias' terrorist action by targeting the maritime navigation and threatening the safety of the international shipping lines.

The Cabinet has warned that the Houthi militias' terrorist act against the commercial ship in the Red Sea will further worsening the humanitarian crisis in the country, exacerbate the economic hardships, redouble the insurances fees and maritime transport in Yemen.