Taiz's financial situation discussed

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Taiz's financial situation discussed

[31/10/2019 07:31]

TAIZ-SABA
First Deputy Governor of TaizAbdulqawi al-Mikhlafi discussed Thursday with directors of private banks the financial situation of the province.

Al-Mikhlafi stressed significance of making mechanism to banks in such conditions lived by the province and activating mentorship on the banks' work and coordinating efforts between their branches in the province for ensuring providing liquidity and paying salaries of employees on time.

The meeting approved banning taking the liquidity out of the province due to the financial situation of the province.

Banks' directors led by Director of the Central Bank of Yemen's Branch Mua'th al-Barakanidiscussed challenges facing the banks because of the province's conditions under continuous war for four years, which affected badly the banks' activities.