Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
The Board of Directors of the Central Bank of Yemen approved on Thursday a set of measures and directives aimed at improving institutional performance and reinforcing financial and monetary stability, concluding its sixth session of the year in the temporary capital, Aden, chaired by Central Bank Governor and Board Chairman Ahmed Ahmed Ghaleb.
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Last Update: ،
2026/06/25
Time
03:25:13
Latest News:
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Latest News:
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Minister: The coming days will witness an economic breakthrough
[21/12/2021 04:58]
Aden - Saba
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
Key words:
deterioration - breakthrough - accelerating - continuation - difficulties - catastrophic - accompanying - governorates - commodities - government -
Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Ambassador al-Toqi Calls for Flexible, Sustainable Funding to Strengthen Food Security
UN Honors Yemen's Ambassador to Washington Among Leading Arab Women Diplomats
Minister of Planning Discusses Strengthening Partnership, Supporting Development Sectors with Save the Children Country Director
Republican Decree Forming Supreme Tender, Auction Committee Issued 
