Leadership Council Chairman Calls for International Stance Proportionate to Houthi Threat
Chairman of the Presidential Leadership Council, Dr. Rashad al-Alimi, met with European ambassadors in Aden, urging the international community to take a stronger stance against the Houthi militia's terrorist threats.
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Last Update: ،
2025/07/15
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Latest News:
Minister al-Soqatri, WB Delegation Inspect Unloading Center in Aden
Human Rights Ministry Condemns Houthi Militia's Killing of Children in Taiz
Water Minister Meets with ICRC to Discuss Aden Urban Planning Master Plan
Central Bank Governor Meets with EU Ambassadors to Discuss Economic Challenges
President al-Alimi Praises Judicial Authority's Efforts to Establish the Rule of Law
Latest News:
Minister al-Soqatri, WB Delegation Inspect Unloading Center in Aden
Human Rights Ministry Condemns Houthi Militia's Killing of Children in Taiz
Water Minister Meets with ICRC to Discuss Aden Urban Planning Master Plan
Central Bank Governor Meets with EU Ambassadors to Discuss Economic Challenges
President al-Alimi Praises Judicial Authority's Efforts to Establish the Rule of Law
President Hadi urges financial institutions to carry out their constitutional missions
[14/01/2018 02:17]
RIYADH-SAB
President Abd-Rabbu Mansour Hadi has stressed that financial institutions must undertake their constitutional duties, act professionally and responsibly." Financial institutions should activate their action in the technical, monitoring and supervisory domains. Private-owned banks and currency-exchange businesses need to be legally monitored and supervised by governmental authorities in order to maintain Yemeni Rial value and halt its devaluation", said the President.
President Hadi's statement came during his meeting on Sunday with the Minister of Finance Ahmed Obeid Al-Al-Fadhli and Governor of the Central Bank of Yemen Monassar Al-Qoaiti and his Deputy Abbas Al-Basha.
During the meeting the President was briefed on the financial and monetary situation in the country.
Al-Fadhli and Al-Qoaiti gave the President an overview on underway procedures have been taken to make use of the planned Saudi deposit. They also highlighted the important role of the Saudi monetary institution in supporting Yemen and its legal leadership.
President Hadi deeply appreciated Saudi Arabia Kingdom's role and support for Yemen in different fields and times. Most recent pledges of support represented in the outcomes of Hadi's meeting with the Crown Prince, Deputy Premier, Minister of Defense, His Royal Highness, Emir Mohammed bin Salman. a
President Hadi urged the minister of finance and governor of the Central Bank of Yemen to directly supervise over financial and banking business in the interim capital Aden and to coordinate with the government's authorities in order to work out the necessary solutions that can help maintaining the value of national currency.
President Abd-Rabbu Mansour Hadi has stressed that financial institutions must undertake their constitutional duties, act professionally and responsibly." Financial institutions should activate their action in the technical, monitoring and supervisory domains. Private-owned banks and currency-exchange businesses need to be legally monitored and supervised by governmental authorities in order to maintain Yemeni Rial value and halt its devaluation", said the President.
President Hadi's statement came during his meeting on Sunday with the Minister of Finance Ahmed Obeid Al-Al-Fadhli and Governor of the Central Bank of Yemen Monassar Al-Qoaiti and his Deputy Abbas Al-Basha.
During the meeting the President was briefed on the financial and monetary situation in the country.
Al-Fadhli and Al-Qoaiti gave the President an overview on underway procedures have been taken to make use of the planned Saudi deposit. They also highlighted the important role of the Saudi monetary institution in supporting Yemen and its legal leadership.
President Hadi deeply appreciated Saudi Arabia Kingdom's role and support for Yemen in different fields and times. Most recent pledges of support represented in the outcomes of Hadi's meeting with the Crown Prince, Deputy Premier, Minister of Defense, His Royal Highness, Emir Mohammed bin Salman. a
President Hadi urged the minister of finance and governor of the Central Bank of Yemen to directly supervise over financial and banking business in the interim capital Aden and to coordinate with the government's authorities in order to work out the necessary solutions that can help maintaining the value of national currency.
Key words:
constitutional - a President - SAB President - professionally - President - governmental - government's - devaluation" - institutions - supervisory -
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