Al-Mahrami discusses with Central Bank Governor latest economic developments.
Presidential Leadership Council member Abdulrahman Al-Mahrami received the Governor of the Central Bank of Yemen, Ahmed Ghaleb Al-Ma'baqi, on Sunday to discuss the latest economic and financial developments, the challenges facing the banking sector, and ways to address them.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
S. Korea's ITC exports rise 12.4 percent in 2025
South Korea's exports in the information and communication technology (ICT) industry rose 12.4 percent to a record high in 2025, due to strong demand from the artificial intelligence industry.
Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations
The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.
User Name: Password:
State general budget High Committee continues meetings
[07/01/2018 07:37]

ADEN-SABA
High Committee tasked with preparing state's general budget of 2018 continued its sessions on Sunday in the interim capital Aden, presided over by the Prime Minister Dr Ahmed Obeid Bin-Dagher.

The meeting reviewed final amendments and additions which were made on the draft of state's general budget of 2018.

The political and economic introduction which will be incorporated in the final budget proposal was also discussed during Sunday meeting.

The introduction explained that Yemen today has to pay grave price due to Houthi coup d'état on September 2014 at different humanitarian, political, social and economic levels.

The introduction also stated that the warfare launched by the militia has caused wide-scale devastation of key structures resulted in halting the economy drive, inflicting damage on the state institutions, looting resources. As a result oil and gas production stopped, it is the main source of the state's budget revenues over the recent decades.

The introduction indicated that Yemeni government as it works out the state's budget of 2018, it take into accounts all considerations and variables and has sought to renormalize life in the society in the government-held regions, repair and reconstruct the state's ruined institutions and provide basic services and secure the minimum level of honorable living conditions through providing salaries of the government's civil and military employees, at the meantime, working on defeating the coup in the regions still under the militia control.

The end of the meeting the High Committee has decided to submit the final draft of the state general budget of 2018 to the President of the Republic prior putting it to the council of ministers to approve and endorse it


Al-Mahrami discusses with Central Bank Governor latest economic developments.
Presidential Council Member Launches First International Flights from Rayyan Airport
Yemeni Ambassador Briefs Philippine Foreign Minister on Latest Developments
Prime Minister orders accelerating measures to pay unpaid salaries
Civil Aviation Authority Announces Resumption of Operating al-Rayyan International Airport
Decree of Chairman of Presidential Leadership Council to Appoint New Prime Minister Issued
Prime Minister announces about $90 million Saudi support to pay salaries
Foreign Minister confers with Russian Ambassador over bilateral cooperation
Decree of Chairman of Presidential Leadership Council Appointing two Council Members Issued
Minister of Interior Discusses Strengthening Security Cooperation with Japanese Ambassador

About Saba News Agency | Usage Agreement | Contact Us