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2025/06/16
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Latest News:
Newly Appointed Judges to Supreme Court Take Oath of Office
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Latest News:
Newly Appointed Judges to Supreme Court Take Oath of Office
Health Minister Chairs Expanded Meeting of Medical Emergency Committee
Leadership Council Chairman Holds Phone Call with Djiboutian President
UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff
Yemen Expresses Aspiration for Genuine and Sustainable Peace Based on Agreed upon References
Taiz Local Authority discusses financial crisis
[08/09/2020 02:05]
TAIZ-SABA
Taiz Local Authority has discussed repercussions of the sharp drop of the price of the national currency, Rial, on the people's living conditions over skyrocketing of goods' prices and increased fees imposed on money transfer.
Presided over by Deputy Governor of Taiz Abdulqawi al-Mikhlafi on Tuesday and included directors of financial and control and audits offices, taxes officials, trade chambers, syndicates of money-exchangers and banks' representatives, the meeting discussed different viewpoints led by the chamber's vision.
The meeting stressed significance of making an end to money speculation and deposing funds, calling banks to activate their monitoring role on private banks and exchangers for helping keeping hard currencies available in the markets.
Al-Mikhlafi directed the committee entrusted of monitoring financial crisis to study different visions to come out with inclusive vision to be implemented next week.
The meeting demanded the Central Bank of Yemen to make a list for names of exchangers who have no licenses for taking legal action against them.
Taiz Local Authority has discussed repercussions of the sharp drop of the price of the national currency, Rial, on the people's living conditions over skyrocketing of goods' prices and increased fees imposed on money transfer.
Presided over by Deputy Governor of Taiz Abdulqawi al-Mikhlafi on Tuesday and included directors of financial and control and audits offices, taxes officials, trade chambers, syndicates of money-exchangers and banks' representatives, the meeting discussed different viewpoints led by the chamber's vision.
The meeting stressed significance of making an end to money speculation and deposing funds, calling banks to activate their monitoring role on private banks and exchangers for helping keeping hard currencies available in the markets.
Al-Mikhlafi directed the committee entrusted of monitoring financial crisis to study different visions to come out with inclusive vision to be implemented next week.
The meeting demanded the Central Bank of Yemen to make a list for names of exchangers who have no licenses for taking legal action against them.
Key words:
representatives - repercussions - skyrocketing - significance - Presided - implemented - speculation - viewpoints - currencies - monitoring -
Prime Minister visits power stations in Aden, directs implementation of measures to increase generation
Newly Appointed Judges to Supreme Court Take Oath of Office
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UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff
Yemen Expresses Aspiration for Genuine and Sustainable Peace Based on Agreed upon References
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