PM directs quick preparation of Yemen's budget for 2018

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PM directs quick preparation of Yemen's budget for 2018

[27/11/2017 09:09]

ADEN-SABA
Prime Minister Ahmad Obeid bin-Daghr has directed quick preparation for the estimated state budget for 2018 and setting up scientific economic indicators to enable the state to have clear vision for planning.

He stressed on activating the monitoring role of the Central Bank of Yemen and internal control of the Ministry of Finance and on activating the Central Organization for Audit and Control to ensure best use of available resources.

Attending the concluding session of the consultative meeting of the leadership of the Ministry of Finance and Revenue-Generating Institutions on Monday, bin-Daghr confirmed that his government will support all steps for regaining financial control and monitoring to ensure fiscal and cash stability.

" Yes, the conditions are exceptional and complicated and we have challenges ahead, all are aware of them, but this will not be a justification for negligence, rather it is a stronger stimulation to stop any faults and facing them and implementing the law against the senior before inferior," he said.

While he confirmed that the process of regaining the state began by transferring the Central Bank to Aden, he stressed that the government is planning to make best use of the limited revenues to provide services to the people and liberating the rest cities led by the Capital Sana'a.