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Economic Committee: Houthi rebels' practices drive national economy into overall collapse
[28/05/2019 10:20]


ADEN-SABA
The Economic Committee charged managing economic hardships said Houthi militias are insisting on exploiting economic and fiscal situations in the militia controlled regions to get involved in currency speculations in the market causing national currency slide.

The committee added in statement seen by the Yemeni News Agency (Saba) saying" The militia is insisting on driving national economy into total collapse, exercising blackmailing on financial institutions under weapons intimidation to justify its actions, serves its own interests; employing national currency collapse to achieve gain politically by capitalizing on the peoples' suffering, blaming the government and Arab Coalition for the deteriorated humanitarian situation".

The committee reaffirmed that the Central Bank of Yemen (CBY) has continued to do its job, securing foreign currency to import basic commodities of food and fuels for all traders in line with the stated regulations and conditions.

The committee called on the International Community (IC) and UN to sense their responsibility, get the militia refrain from exploiting the humanitarian crisis to gain politically.


Britain Welcomes President’s Call to Hold Conference for Southern Components, Renews Support for Yemen’s
United Nations Welcomes Call by President al-Alimi to Hold Conference for Southern Components in Riyadh
France Affirms Commitment to Yemen’s Unity, Welcomes President’s Initiative to Convene Conference for Southern Components
Chairman of Shura Council Discusses Developments in Yemen with U.S. Ambassador
Leadership Council Member Meets U.S. Advisor and Ambassador
Saudi Cabinet Reaffirms Support for President al-Alimi’s Call for Southern Yemen Conference
President al-Alimi receives Senior Advisor to American President
Yemen Ambassador Discusses Bilateral Cooperation with Sudanese Official
Yemen Ambassador Discusses Bilateral Cooperation with Japanese Official
Egypt Reaffirms Support for Yemen's Unity, Sovereignty

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