Yemen and China signed a protocol on inspection and health requirements for Yemeni seafood exports to China, strengthening economic cooperation between the two nations.
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Cabinet holds extraordinary meeting to address economic challenges and government response
[07/11/2024 02:26]
ADEN - SABA
The Council of Ministers held an extraordinary meeting in Aden today to discuss economic, financial and monetary challenges especially the drastic devaluation of the national currency, the impact of that on living conditions among other services.
The meeting also discussed the government plans in response to those challenges.
The Council further discussed the draft economic salvage plan to enrich it and develop it in keeping with the mood of the government reform programs and policies in place, in preparation for its approval to be presented to the Presidential Leadership Council.