Minister: The coming days will witness an economic breakthrough

Masam Teams Remove More Than 532,000 Landmines and Explosive Remnants Since Launch of Project in Yemen

Masam Project for Mine Clearance has removed more than 532,000 landmines, unexploded ordnance (UXO), and improvised explosive devices (IEDs) since its launch, according to official figures released on Sunday.

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).

S. Korea's ITC exports rise 12.4 percent in 2025

South Korea's exports in the information and communication technology (ICT) industry rose 12.4 percent to a record high in 2025, due to strong demand from the artificial intelligence industry.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/19 Time 03:30:07
Latest News:

Al-Mahrami discusses with Central Bank Governor latest economic developments.

Military Meeting in Aden Discusses Implementing Directives to Enhance Security and Relocate Camps

Presidential Leadership Council Member al-Khanbashi Inspects Damaged Military Sites at Riyan Airport ..

Presidential Council Member Launches First International Flights from Rayyan Airport

Yemeni Ambassador Briefs Philippine Foreign Minister on Latest Developments

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.