Ministerial committee discusses the needs for adjusting values of fund fees

U.S. Treasury Sanctions 21 Individuals, Entities for Involvement in Financing Houthi Militias

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today the designation of 21 individuals and entities, as well as the identification of one vessel, on the sanctions list for their involvement in transporting petroleum products, purchasing weapons and equipment and providing financial services to the Iran-backed Houthi terrorist militias.

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: ، 2026/01/16 Time 06:32:52
Latest News:

Civil Aviation Authority Announces Resumption of Operating al-Rayyan International Airport

Vice Minister of Transport Announces Fourth Weekly Flight Between Aden, Riyadh

Decree of Chairman of Presidential Leadership Council to Appoint New Prime Minister Issued

Prime Minister announces about $90 million Saudi support to pay salaries

Minister al-Bakri Discusses Youth Empowerment Support with French Ambassador

Ministerial committee discusses the needs for adjusting values of fund fees

[08/09/2024 04:29]

ADEN - SABA
The ministerial committee tasked with studying the needs for adjusting fund fees values convened Sunday under the leadership of the Minister of Finance, the Chairman of the Committee, Salem bin Brek discussed visions and proposals for appropriate adjustments to the fund fees.

During the meeting, which included the Minister of Agriculture, Irrigation and Fisheries Salem al-Soqatri, the Minister of Local Administration Hussein al-Aghbari, the Assistant Secretary-General of the Prime Minister's Office Aziz Nasher and several concerned deputy ministers of finance and officials, participants reviewed the values and fees for goods and services designated for operational funds and their annual revenues.

They proposed adjustments to these values and fees to better meet the needs of the funds' activities under the current circumstances.

Participants in the meeting also addressed the organization of fund management and the use of their resources by approving annual budgets and providing final accounts.

They emphasized the importance of reviewing the status of the funds, enhancing oversight, focusing on revenue collection, correcting revenue resources, and ensuring compliance with the legally mandated percentage of revenue allocated for local units.