Finance minister discusses with UK ambassador boosting Yemen's economy

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Finance minister discusses with UK ambassador boosting Yemen's economy

[04/11/2021 06:09]

RIYADH-SABA
Minister of Finance Salem bin Buraik discussed Thursday with UK Ambassador to Yemen Richard Oppenheim coordinating financial efforts to boost financial policy and making use of Yemen's funds in the Bank of England to support economy and price of Yemeni Riyal.

The meeting touched upon means of rescuing national economy and stop deterioration the price of Yemeni rial, as well as enhancing capabilities of finance ministry's cadre and cadre of customs and taxes authorities for the purpose of improving revenues collecting.

Bin Buraik praised UK positions and roles for supporting Yemen and its government and efforts of realizing inclusive peace to alleviate suffering of Yemeni people.

He reviewed Houthi militia playing with the national economy and the national currency, which caused huge damages to economy and collapse of the Riyal amid big differences between the price of Yemeni Riyal in the same homeland.

He pointed out to Houthi militia's hindrance of government's efforts to pay salaries of big numbers of employees across Yemen.

For his part, the UK diplomat reconfirmed his country's support to Yemen and its economy, confirming readiness of facilitating measures to Yemeni government to withdraw from the state's funds in the Bank of England to help Yemen overcome its financial crisis.