Taiz Governor Discusses Ways to Strengthen Humanitarian Response with WFP
Governor of Taiz Nabil Shamsan discussed Sunday with the new Country Director of the World Food Program (WFP) in Yemen Dr. al-Khidr Daloum the program's activities in the governorate, areas of joint cooperation, and ways to develop the strategic partnership toward empowerment and resilience projects while strengthening food security.
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.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
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.


Taiz Governor Discusses Ways to Strengthen Humanitarian Response with WFP
President al-Alimi Warns of Risks of Iranian Regime’s Continued Investment in Terrorist Militias
Prime Minister, Foreign Minister meets with EU Special Representative for Gulf
Yemen Condemns Israeli Occupation Authorities’ Announcement of Appointing Ambassador to So-Called “Somaliland”
Minister of Planning leads talks of gov't delegation with Vice President of WB for Middle East and North Africa
Al-Sharjabi highlights importance of water agreements to achieve sustainability in water sector
Yemen Welcomes Announcement of Ceasefire in Lebanon
Prime Minister Discusses Strengthening Bilateral Relations with Syrian President
Minister of Public Works Discusses Road Project Support with Japanese Ambassador
Prime Minister Participates in Opening Session of Antalya Diplomacy Forum

About Saba News Agency | Usage Agreement | Contact Us