Premier and Foreign Minister Praises Saudi Arabia’s Fraternal Role in Supporting Yemen and Its People
Prime Minister and Minister of Foreign Affairs Dr. Shaya Zindani praised the sincere fraternal role of the Kingdom of Saudi Arabia, its leadership, government, and people, in supporting Yemen during the current exceptional circumstances, whether on the humanitarian, development, or economic levels.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
Inter Milan a win away from Serie A title
Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.
User Name: Password:
Finance Minister discusses economic developments with UN Envoy's Advisor
[16/03/2025 07:59]

ADEN - SABA
Finance Minister Salem bin Bureik discussed Sunday with the Economic Advisor to the UN Envoy to Yemen Dirk Jan Omzigt and his accompanying delegation economic developments and their impacts on the general situation, particularly regarding the service and living conditions of citizens.

During the meeting, which included Assistant Undersecretary for Budget Sector Mokhtar al-Shuraihi and Assistant Undersecretary for Foreign Relations Dr. Nasr al-Harbi, the focus was on the U.S. administration's decision to classify the Houthi militia, supported by the Iranian regime, as a "Foreign Terrorist Organization."

The discussion also addressed the significant negative effects of the Houthi militia's continued economic war against Yemen and Yemenis, particularly the blockade on crude oil exports, which constitutes about 65% of the state's general budget.

This situation has posed considerable challenges to public finances, deepening humanitarian suffering and diminishing the level of essential services provided to citizens. The conversation included ensuring the smooth flow of trade and humanitarian aid, as well as regional and international efforts to achieve peace in Yemen.

The meeting emphasized the importance of continued support from brotherly and friendly countries and partners for the government's efforts to implement comprehensive reforms, address the significant challenges facing public finances, improve various conditions, particularly service and living conditions, and achieve stability and improvement in the national economy while mitigating the worsening economic crisis and rising levels of food insecurity.

Minister bin Bureik touched on the latest developments in the economic and financial situation and the government's efforts to tackle public finance challenges amid the difficult circumstances the country is experiencing.

He praised the U.S. decision to classify the Houthi militia as a "Foreign Terrorist Organization" and appreciated the support of brotherly and friendly countries for the government's efforts to improve the overall situation.

He pointed out the significant negative effects of the halt in crude oil exports due to the Houthi militia's targeting of vital oil export facilities, stressing the importance of supporting efforts to resume crude oil exports to enhance the state’s public resources and sustain public finances, enabling the government to fulfill its obligations and responsibilities in facing economic challenges, combating corruption and providing services to citizens.

For his part, the UN economic advisor expressed his appreciation for the government's efforts to stabilize the economic situation and improve service and living conditions.


Premier and Foreign Minister Praises Saudi Arabia’s Fraternal Role in Supporting Yemen and Its People
Yemen, UK Discuss Women’s Empowerment and Support Programs
Yemen: Houthi Attacks in Bab al-Mandab Part of Iran’s Maritime Strategy
Yemen’s Ambassador Discusses Bilateral Cooperation with Jordanian Official
Yemeni Delegation Explores Ethiopia’s Coffee Cultivation Experience
Yemen, EU Discuss Boosting Bilateral Ties
Al-Subaihi urges redoubling efforts to develop Telecoms, internet services
Yemen’s Ambassador Discusses Strengthening Economic, Trade, Investment Partnerships with Canada’s Industry Minister
Vice Foreign Minister Meets ICRC Mission Head in Aden as Term Concludes
Governor of CBY highlights need for international partners' assistance to support Yemeni economy

About Saba News Agency | Usage Agreement | Contact Us