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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.


Leadership Council Member al-Arada returns to Marib after successful foreign tour
Defense Minister meets with chief British Military advisor in Middle East
Minister of Endowments Discusses Cooperation with Turkish Agency TIKA
Foreign Minister discusses with IOM cooperation
Marib Deputy Governor Discusses “Kanaf” Project with Yamani Foundation
International Partnership Launched to Enhance Yemen's Maritime Security
Dep. Planning Minister, WFP discuss joint efforts to handle finances shortages
Amb. al-Wuhyashi meets with Russian Deputy Foreign Minister
Foreign Minister confers with WFP Envoy over joint cooperation
Maritime Affairs Authority Discusses with European Nordic Support Foundation Enhancing Maritime Security

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