Yemen Participates in 2025 Global Refugee Forum Review Meeting in Geneva
Yemen's Permanent Representative to the UN in Geneva, Ambassador Dr. Ali Mujawar, led a delegation to the Global Refugee Forum 2025 review meeting in Geneva, Switzerland, today.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
African Development Bank supports transport infrastructure in Somalia with $76 million
The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.
CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco
The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.
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.


Yemen Participates in 2025 Global Refugee Forum Review Meeting in Geneva
Foreign Minister Meets Outgoing Moroccan Charge d'Affaires
Hodeidah Governor Discusses Healthcare Support with Médecins Sans Frontières (MSF)
Rights Group Documents Over 4,000 Violations in Hadramout, Calls Them "War Crimes"
Hodeidah Governor Discusses Support for Health Sector with Médecins Sans Frontières
Yemen, UK discuss Issues of Common Concern
President al-Alimi Receives U.S. Ambassador
Member of the Presidential Leadership Council al-Zubaidi Receives Parliament Speaker
President al-Alimi praises adherence of Shoura Council, political parties to references of transitional stage
Yemen Participates in 19th Meeting of CEDARE Board of Trustees in Virtual Session

About Saba News Agency | Usage Agreement | Contact Us