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Hadi orders govt to restore food and services supply stability
[03/09/2018 10:03]
RIYADH-SABA
President Abd-Rabbu Mansour Hadi has ordered the government to take effective and urgent measures to restore the stability of food and services supply following this week's further devaluation of the Riyal from 550 to 600 against the US dollar and the soar of prices of basic commodities.

In a meeting of the national Economic Committee attended also by the Vice President and Prime Minister on Sunday evening, Hadi called for resuming oil and liquefied natural gas exports to bring in hard currency, an efficient collection of taxes, spending cuts and pay rise for civil servicemen among other measures to tackle the situation.

"We know the magnitude of the challenges, the economic impact of the Houthi militia's unrelenting war on the nation and confiscation of foreign cash reserves to finance the war. Nevertheless, we are not absolved from stepping up efforts to take tackling measures and start building a new economy right from scratch," he said.





President al-Alim: We're determined to protect civilians, correct course of partnership within Coalition to support Legitimacy
President al-Alimi urges international community to help translate sovereign decisions into practical measures within the Security Council
Yemen Orders UAE Forces to Withdraw Amid Rising Tensions
A republican decree about declaring a state of emergency
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

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