Amb. al-Asbahi seeks Moroccan cooperation in training, capacity building
Ambassador of the Republic of Yemen to the Kingdom of Morocco Azaddin al-Asbahi disussed today, Friday, with the Moroccan Minister of Economic Integration, Labor and Competences Dr. Younis Skori aspects of joint cooperation in training the Yemeni young men and women.
Gaza: Death toll from the Israeli occupation’s aggression against Gaza rose to 38,919 martyrs and 89,622 injured.
The Israeli aggression against the Gaza Strip has left 38,919 civilians martyred and 89,622 others injured since October 7, 2023.
S. Korea's economy contracts 0.2 percent in second quarter
South Korea's economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects, despite robust exports, S. Korean News Agency (Yonhap) reported.
Over six thousand athletes to participate in Paris 2024 Olympics
The Summer Olympics Paris 2024 will kick off tomorrow with the official opening ceremony, and last until August 16.
User Name: Password:
President: We succeed in activating government's accounts abroad, completed authorities
[28/09/2017 02:07]
President: We succeed in activating government's accounts abroad, completed authorities
RIYADH-SABA
President Abdo Rabbu Manosur Hadi has confirmed government's success in activating foreign accounts of the Central Bank of Yemen, mainly the government's accounts at US Federal Reserve.

Talking to Saudi based Al Sharq Al Awasat newspaper, he noted that the state's three authorities have been completed and there are preparations for holding the parliament sessions in Aden.

He renewed readiness of the government to provide concessions like it did in the past in the framework of the three references; the GCC Initiative, the Outcomes of the National Dialogue Conference and the UN Resolution 2216.

He referred rejection of Houthi-Saleh's rebel militias (especially Houthis) of the Hodeida Plan for the initiative requires handing over revenues of Hodeida Port and of other seven sectors to the Central Bank of Yemen in Aden. The revenues of the port and these sectors are estimated at USD 5 billion annually, he said, confirming that there is no wayout to the rebels other than commitment to the three references led by the UN Resolution 2216.

The militias exhausted all the state's hard currencies and seized resources a matter pushed the government to rescue the situation and protect cash and banking system in Yemen through transferring the Central Bank to Aden, he said. The government has succeeded in getting the international support to Yemen via paying foreign debt service regularly and paying salaries of the diplomatic missions and financial aid to Yemeni students abroad.

" Despite scarcity of capabilities, we have acted responsibly towards all our people without discrimination and we are trying to pay salaries {of employees} in some vital sectors, in return, the militias are still seizing more than 70 percent of the state's revenues estimated at USD 5 billon," said President Hadi.

For this purpose, he said, "the militias reject Hodeida suggestion for one of its items states on handing over all these revenues to the central bank to fulfill external and internal commitments."

Over his visit to the United States, he confirmed that the meetings with US officials were fruitful and aimed at gathering economic support to Yemen in these difficult conditions, in addition to discussion of supporting requirements of reconstruction fund and the government's role in defining the projects.

Concerning results of the UN envoy's efforts, President Hadi confirmed that the rebel militias rejected dealing with the UN envoy to Yemen saying they even they attempted to assassinate him. Until today, the rebels, especially Houthis, reject any reaction with Ould Cheikh.






President al-Alimi receives Director of Middle East Department at German Foreign Office
Leadership Council chairman receives chief of EU mission and German ambassador
Leadership Council chairman receives Chinese Chargé d'Affairs to Yemen
US imposes new sanctions on two individuals and five entities affiliated to Houthi militia
The Presidential Leadership Council discusses local developments
Leadership Council chairman receives US ambassador
Leadership Council chairman receives Kuwaiti Ambassador
Presidential Council holds emergency meeting to discuss latest developments
Leadership Council chairman receives UK Ambassador
Leadership Council chairman congratulates Joe Biden on US independence anniversary

About Saba News Agency | Usage Agreement | Contact Us