Governor of CBY confers with UN Envoy over financial, economic situations
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb and the Special Envoy of the UN Secretary-General to Yemen Hans Grundberg discussed today, Tuesday, in the temporary capital Aden, the latest developments in the financial and economic situation in our country and amid the ongoing conflict in the region.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Italy budget deficit at 3 percent
Italy recorded a deficit in its general budget of 3.1 percent of GDP in 2025, thus exceeding the ceiling set by the European Union at 3 percent.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
User Name: Password:
FM: Messing up with national currency won't be tolerated 2020
[01/01/2020 06:49]

ADEN-SABA
Prime Minister Dr. Ma'een Abdulmalik has made it clear that any reckless endeavors aiming to damage the national currency will never be tolerated by the government." Per President Hadi's directives the government is authorized to take every necessary measure to maintain the national currency. Any attempt may aim to mess up with the national currency won't be tolerated", said Ma'een.

His statement came as he presided over a meeting of the board of directors of the Central Bank of Yemen (CBY) held Wednesday in the interim capital Aden.

The session devoted to discuss the CBY's action-plan of 2020 that is designed to redress irregularities of the institutional structure, keep on building up monetary reserves and maintain the value of the national currency.

The discussions touched upon several precaution measures aiming to maintain the exchange rate of the national currency, provide liquidity, revive the cycle of monetary and secure salaries regular pay.

The Prime Minister warned of the dangerous consequences of the Houthi rebel militia's illegal measures to ban dealing with newly issued national currency banknotes. He said "Such illegal and irresponsible measures will make it difficult to pay tens of thousands of pensioners and government's employees in the militia controlled regions".

Ma'een called on the UN, WB, IMF and International Community (IC) to bear their responsibility toward the Houthi militia's irresponsible and destructive measures.


Governor of CBY confers with UN Envoy over financial, economic situations
Minister Bamqaa discusses challenges facing oil, gas S sector with UN Envoy
Yemen, Norway discuss educational cooperation
Dr. Abdullah al-Alimi praises Germany's significant support for Yemen
Finance Minister discusses with UN Envoy economic challenges
Minister of Finance discusses with UNFPA support for economic priorities
Presidential Leadership Council Member Dr. Abdullah al-Alimi discusses latest developments with US Ambassador
Member of PLC al-Subaihi discusses with IOM joint cooperation
Prime Minister receives Regional Director of IOM
Minister al-Bakri discusses with his Turkish counterpart ways to enhance you youth cooperation

About Saba News Agency | Usage Agreement | Contact Us