Finance minister discusses with UK ambassador boosting Yemen's economy

A government source confirms full support for Saudi-Emirati mediation to end escalation and for withdrawal of the Transitional Forces from Hadramout, al-Mahrah

An authorized official in the Yemeni government stated that His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC)—Commander in- Chief-- was briefed along with a number of Council members and members of the National Defense Council on the situation in Hadramaut governorate, including the hostile military operations of the Transitional Council in recent hours, and the grave violations against innocent civilians in the governorate.

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).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/26 Time 10:45:29
Latest News:

UK REAFFIRMS COMMITMENT TO YEMEN'S UNITY AND SOVEREIGNTY

Leadership Council Chairman Presides Over Meeting of National Defense Council

Arab Parliament Reaffirms Support for Yemen's Unity and Government

Yemen Ambassador, Chinese Official Discuss Yemen Developments

Jordan welcomes Saudi Arabia's statement on recent developments in Hadramawt and Al-Mahra

Finance minister discusses with UK ambassador boosting Yemen's economy

[04/11/2021 06:09]

RIYADH-SABA
Minister of Finance Salem bin Buraik discussed Thursday with UK Ambassador to Yemen Richard Oppenheim coordinating financial efforts to boost financial policy and making use of Yemen's funds in the Bank of England to support economy and price of Yemeni Riyal.

The meeting touched upon means of rescuing national economy and stop deterioration the price of Yemeni rial, as well as enhancing capabilities of finance ministry's cadre and cadre of customs and taxes authorities for the purpose of improving revenues collecting.

Bin Buraik praised UK positions and roles for supporting Yemen and its government and efforts of realizing inclusive peace to alleviate suffering of Yemeni people.

He reviewed Houthi militia playing with the national economy and the national currency, which caused huge damages to economy and collapse of the Riyal amid big differences between the price of Yemeni Riyal in the same homeland.

He pointed out to Houthi militia's hindrance of government's efforts to pay salaries of big numbers of employees across Yemen.

For his part, the UK diplomat reconfirmed his country's support to Yemen and its economy, confirming readiness of facilitating measures to Yemeni government to withdraw from the state's funds in the Bank of England to help Yemen overcome its financial crisis.