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Last Update: ،
2026/10/07
Time
08:45:16
Latest News:
Bahrain Backs Efforts to Restore Yemeni State, Condemns Houthi Attacks on Saudi Arabia
Kuwait Reaffirms Support for Yemeni Government, Condemns Houthi Attacks on Mecca and Medina
Ministry of Agriculture Discusses with UNDP Water, Irrigation Management Improvement Project
Amb. Nagy Briefs Senior Hungarian Official on Developments in Yemen
President al-Alimi Receives Written Message from Emir of Qatar
Latest News:
Bahrain Backs Efforts to Restore Yemeni State, Condemns Houthi Attacks on Saudi Arabia
Kuwait Reaffirms Support for Yemeni Government, Condemns Houthi Attacks on Mecca and Medina
Ministry of Agriculture Discusses with UNDP Water, Irrigation Management Improvement Project
Amb. Nagy Briefs Senior Hungarian Official on Developments in Yemen
President al-Alimi Receives Written Message from Emir of Qatar
Minister: The coming days will witness an economic breakthrough
[21/12/2021 04:58]
Aden - Saba
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
Key words:
deterioration - breakthrough - accelerating - continuation - difficulties - catastrophic - accompanying - governorates - commodities - government -
Six Civilians Killed, Four Injured by Houthi Militias Attacks on Villagers in Taiz
Bahrain Backs Efforts to Restore Yemeni State, Condemns Houthi Attacks on Saudi Arabia
Kuwait Reaffirms Support for Yemeni Government, Condemns Houthi Attacks on Mecca and Medina
Ministry of Agriculture Discusses with UNDP Water, Irrigation Management Improvement Project
Amb. Nagy Briefs Senior Hungarian Official on Developments in Yemen
President al-Alimi Receives Written Message from Emir of Qatar
US Secretary of State: Yemeni Forces Seek to Regain Territory, Saudi Arabia Has Right to Defend Itself
President al-Alimi Announces Launch of “Fajr al-Yemen” Operation to Restore State Institutions, Liberate Capital Sana’a
Yemen Scholars’ Association Supports Launch of Operation Yemen Dawn
Yemen Human Rights Minister Discusses Impact of Houthi Escalation with German Ambassador in Geneva
