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2026/10/13
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Latest News:
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Latest News:
High Committee Approves Methodology for Updating and Developing National Disability Strategy for 2027–2032
Ministry of Agriculture Signs MoU with WFP to Boost Food Security in Yemen
Minister of Planning Seeks WB's Support for Economic Stability, Electricity Projects
Houthis Shell Taiz, Injuring 17 Civilians and Damaging Seven Homes
Yemeni Rights Network Documents 43 Houthi Violations in Taiz in 24 Hours
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 -
Presidential Leadership Council Warns Against Collaboration with Houthis, Orders Legal Action
High Committee Approves Methodology for Updating and Developing National Disability Strategy for 2027–2032
Ministry of Agriculture Signs MoU with WFP to Boost Food Security in Yemen
Minister of Planning Seeks WB's Support for Economic Stability, Electricity Projects
Houthis Shell Taiz, Injuring 17 Civilians and Damaging Seven Homes
Yemeni Rights Network Documents 43 Houthi Violations in Taiz in 24 Hours
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