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PM chairs meeting over price hikes

[05/12/2021 07:01]

Aden - Saba
A meeting chaired by Prime Minister Dr. Moeen Abdul-Malik reviewed quick executive measures to mitigate the effects of the severe economic decline and unprecedented price hikes on citizens, in parallel with discussions with counterparts in the Kingdom of Saudi Arabia, about the urgent and expected economic support package.

The meeting, which was held in the temporary capital Aden today, adopted temporary and urgent measures to mitigate the consequences of the rise in commodity prices as a result of the decline in the exchange rate of the national currency.

The meeting assigned the Ministry of Industry and Trade to prepare a comprehensive vision on this and present it urgently for discussion and approval, in addition to intensifying campaigns to monitor the prices of basic commodities.