President al-Alim Calls for Wide-Ranging National Alignment to Restore State Institutions, Eliminate Coup
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC), Commander-in-Chief of the Armed Forces urged all Yemeni people to align themselves behind the State Proposal, support the Armed Forces in the security services in the ongoing battle to restore the State institutions and eliminate the coup. At the same time, he asserted that it is high time to put an end of the suffering which created by the terrorist Houthi militias.
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Latest News:
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Latest News:
National Defense Council Approves Measures to Support Liberation Efforts, Resume Oil Exports
Houthi Militias Sniper Shoots Civilian Dead In Taiz
Minister of Agriculture Discusses with FAO Joint Coordination
Yemen, Jordan Review Bilateral Ties and Regional Developments
Digital Transformation Conference Opens in Aden with Global Participation
The CBY takes decisions to carry out its functions
[12/04/2018 05:17]
ADEN-SABA
The Central Bank of Yemen (CBY) has taken several decisions aiming to operate its main headquarter in the interim capital Aden. The decisions have been approved by joint meeting included Board of Directors of the CBY and Representatives of the Banks, Chamber of Trade and Industry and private-sector.
The meeting held Thursday presided over by the governor of the CBY Dr Mohammed Mansour Zemmam, in the interim capital Aden.
The decisions included resuming the banking credit coverage of the basic commodities imports, through opening banking credits by national banks around the country. This shall be commenced in the beginning of next June, it shall make use of the Suadi Arabia's $2 billion deposit.
The decisions also included resuming dealing with checks concerning to the public revenues.
The governor Dr Mohammed Zemmam gave keynote speech in which he outlined the CBY action-plan, objectives and mechanism. He stated that the CBY has got 3-month- action plan, affirming that the CBY is responsible for the public debt as official institution. He also noted that expenditures including salaries will be paid through the banks, and mini-banknotes( 100-200-250 YR) will be issued and made available, and old ones will be withdrawn.
The Central Bank of Yemen (CBY) has taken several decisions aiming to operate its main headquarter in the interim capital Aden. The decisions have been approved by joint meeting included Board of Directors of the CBY and Representatives of the Banks, Chamber of Trade and Industry and private-sector.
The meeting held Thursday presided over by the governor of the CBY Dr Mohammed Mansour Zemmam, in the interim capital Aden.
The decisions included resuming the banking credit coverage of the basic commodities imports, through opening banking credits by national banks around the country. This shall be commenced in the beginning of next June, it shall make use of the Suadi Arabia's $2 billion deposit.
The decisions also included resuming dealing with checks concerning to the public revenues.
The governor Dr Mohammed Zemmam gave keynote speech in which he outlined the CBY action-plan, objectives and mechanism. He stated that the CBY has got 3-month- action plan, affirming that the CBY is responsible for the public debt as official institution. He also noted that expenditures including salaries will be paid through the banks, and mini-banknotes( 100-200-250 YR) will be issued and made available, and old ones will be withdrawn.
Key words:
Representatives - expenditures - headquarter - institution - commodities - responsible - objectives - concerning - commenced - beginning -
President al-Alim Calls for Wide-Ranging National Alignment to Restore State Institutions, Eliminate Coup
National Defense Council Approves Measures to Support Liberation Efforts, Resume Oil Exports
Houthi Militias Sniper Shoots Civilian Dead In Taiz
Digital Transformation Conference Opens in Aden with Global Participation
Marib Explores Expanded Humanitarian Partnership with Turkish Aid Agency
Cabinet Reviews Current Developments, Enhance State Institutions Readiness
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Yemen Condemns Repeated Iranian Attacks on Kuwait, Bahrain, Jordan
President al-Alimi, UN Envoy Discuss Efforts to Revive Yemen Peace Process
