The US Department of the Treasury announced today, Monday, the imposition of sanctions on three ships and their companies that own them, due to their support for the Houthi terrorist militias supported by the Iranian regime, as part of US measures that emphasize the commitment to disrupt the Houthis' efforts to finance their dangerous and destabilizing attacks in the region.
The Japanese government announced today, Friday, a package of emergency economic measures to counter the negative effects of high tariffs imposed by US President Donald Trump.
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.