Governor of the Central Bank of Yemen (CBY), Ahmed Ghaleb, held talks on Tuesday with the Ambassador of the Kingdom of the Netherlands to Yemen, Jeannette Seppen, in the interim capital, Aden, to discuss the latest financial and economic developments in the country and their impact on living conditions and basic services.
The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.
The World Bank (WB) has provided a grant of $100 million to Madagascar, aimed at improving the performance of the national electricity and water company 'JIRAMA', which is suffering from a severe financial crisis.
President urges on benefiting from Saudi support for boosting currency
[13/11/2017 01:09]
RIYADH-SABA
President Abd-Rabbu Mansour Hadi has urged the committee entrusted with following up Saudi promises- included in president's meeting with Saudi Crown Prince Mohammad bin Salman- of funds to reflect them practically on the ground.
The promises included providing Yemen with USD 2 billion as bank's deposit for boosting local currency, securing fuel to power and other development and infrastructure services.
In his meeting with the committee on Monday, President Hadi discussed with them their duties and responsibilities on overcoming challenges facing the Yemeni people.
"The committee's members have been accurately chosen as responsible {members}," said President, noting that the country needs competent and honest officials to overcome many challenges and difficulties over Houthi-Saleh rebel militias' war on the Yemeni people and hugely damaged the homeland and its economy, stability and people's living conditions.
"We will support you and your efforts for having actual results serving the interests of the homeland," said President.
For his part, the Head of the Committee and the Minister of Finance Ahmad al-Fadhlli and the committee's members confirmed that they will take the responsibility seriously as demanded for improving the country's conditions.
They emphasized that their priorities will focus on protecting local currency against more devaluation, power services and infrastructure.