CBY discusses provision of cash to Aden

Amb. Shammar Looks for Further Yemeni-Bulgarian Cultural Cooperation

The Chargé d' Affaires of the Embassy of the Republic of Yemen in Sofia, Bulgaria, Ambassador Ahmed Shammar, met today with the Director of the Bulgarian National Library, Professor Kalina Ivanova.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/29 Time 09:01:36
Latest News:

Prime Minister: Aden Tops Government Priorities

Al-Arada Calls for Stronger Action Against Iranian Support for Houthis

Yemeni Ambassador, Russian Agency Chief Discuss Expanding Education Links

Al-Khabbashi Praises Efforts to Settle Disputes, Underlines Importance of Developing Technical Education

Lahj Governor Calls for Broader Development Cooperation with Danish Refugee Council

CBY discusses provision of cash to Aden

[13/08/2017 01:06]

ADEN-SABA
The Central Bank of Yemen's Board of Directors discussed on Sunday supplying the bank with banknotes printed abroad to the bank's headquarter in interim capital of Aden.

In a press release issued after the meeting, Governor of the CBY Munassar al-Quaiti said the Board of the Directors "discussed obstacles facing preparations for transporting and importing the funds due to ban receiving these funds via areal transportation by a cell in the Arab Coalition for unknown reasons since April 2017."

"Permissions for 13 flights to Aden have been cancelled without justifications," added al-Quaiti, talking about flights loaded with banknotes printed outside the country and banned from landing in Aden. "The sponsoring committee failed reaching decisions on this issue."

" The Board expressed its astonishment and deep concern over these obstacles as they hinder the Central Bank of Yemen's functions and its legal duties in providing enough and suitable currency for the Yemeni economy in accordance with the the Central Bank's law No. 14 for 2000 for paying salaries of the State's Administrative Apparatus," the release went on.

Governor al-Quaiti continued that such deliberately-made obstacles "defame the Central Bank of Yemen and its executive management as they introduce the bank's leadership as botched in performing its duties and deprive huge number of the employees of their salaries and causing to the Yemeni economy dangerous hurdles for providing currency."

"In front of these conditions, the Board of Directors of the Central Bank of Yemen decided continuous communication with the command of the Arab Coalition, regional community and international community for boosting the independence of the Central Bank and respecting its performance of its legal functions, taking into consideration independence and sovereignty of this institution on Yemeni level and making it away of mixing political papers and aftermaths of political differences by all parties and respect independence and sovereignty of the republic of Yemen," the governor concluded.