President al-Alim: We're determined to protect civilians, correct course of partnership within Coalition to support Legitimacy
His Excellency (HE) President Dr. Rashad a-Alimi, Chairman of the Presidential Leadership Council (PLC), affirmed that the state is determined to protect civilians, uphold its legal standing and maintain unity in its military and security decisions, warning of the danger posed by the escalation of the South Transitional Council (STC) in Hadramout and al-Mahra governorates and the involvement of the United Arab Emirates (UAE) in supporting the rebellion and undermining state institutions.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
China's ETF market hits record $855.6
The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.
Arsenal defeats Brighton and strengthens its lead in the English Premier League
Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.
User Name: Password:
Finance Minister discusses economic developments with UN Envoy's Advisor
[16/03/2025 07:59]

ADEN - SABA
Finance Minister Salem bin Bureik discussed Sunday with the Economic Advisor to the UN Envoy to Yemen Dirk Jan Omzigt and his accompanying delegation economic developments and their impacts on the general situation, particularly regarding the service and living conditions of citizens.

During the meeting, which included Assistant Undersecretary for Budget Sector Mokhtar al-Shuraihi and Assistant Undersecretary for Foreign Relations Dr. Nasr al-Harbi, the focus was on the U.S. administration's decision to classify the Houthi militia, supported by the Iranian regime, as a "Foreign Terrorist Organization."

The discussion also addressed the significant negative effects of the Houthi militia's continued economic war against Yemen and Yemenis, particularly the blockade on crude oil exports, which constitutes about 65% of the state's general budget.

This situation has posed considerable challenges to public finances, deepening humanitarian suffering and diminishing the level of essential services provided to citizens. The conversation included ensuring the smooth flow of trade and humanitarian aid, as well as regional and international efforts to achieve peace in Yemen.

The meeting emphasized the importance of continued support from brotherly and friendly countries and partners for the government's efforts to implement comprehensive reforms, address the significant challenges facing public finances, improve various conditions, particularly service and living conditions, and achieve stability and improvement in the national economy while mitigating the worsening economic crisis and rising levels of food insecurity.

Minister bin Bureik touched on the latest developments in the economic and financial situation and the government's efforts to tackle public finance challenges amid the difficult circumstances the country is experiencing.

He praised the U.S. decision to classify the Houthi militia as a "Foreign Terrorist Organization" and appreciated the support of brotherly and friendly countries for the government's efforts to improve the overall situation.

He pointed out the significant negative effects of the halt in crude oil exports due to the Houthi militia's targeting of vital oil export facilities, stressing the importance of supporting efforts to resume crude oil exports to enhance the state’s public resources and sustain public finances, enabling the government to fulfill its obligations and responsibilities in facing economic challenges, combating corruption and providing services to citizens.

For his part, the UN economic advisor expressed his appreciation for the government's efforts to stabilize the economic situation and improve service and living conditions.


President al-Alim: We're determined to protect civilians, correct course of partnership within Coalition to support Legitimacy
Interior Ministry Supports President's Decisions to Counter Armed Rebellion
Coalition Conducts Limited Airstrike on Weapons Shipment at Yemen's Mukalla Port
Saudi Arabia Reaffirms Commitment to Yemen's Security, Expresses Regret over UAE's Actions
Yemen Government Supports Presidential Council's Decisions, Praises Saudi Arabia's Stance
Hadramout Authority Supports President's Decisions, Calls for Rallying Around Legitimate Leadership
National Defense Council blesses presidential decisions to protect civilians, end Emirati presence in Yemen
Ministry of Legal Affairs and Human Rights condemns issuance of a fabricated statement attributed to it
EU, UNFPA Provide Health, Protection Services to More Than 850,000 Women, Girls in Yemen
Supreme Judicial Council Lifts Immunity from Judge، Refers Others to Accountability Council

About Saba News Agency | Usage Agreement | Contact Us