[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.
Vice Minister of Foreign Affairs and Expatriates Discusses Expatriate Issues
Al-Arada meets with the UN envoy's office, confirms support for UN efforts to successfully implement the agreement to release detainees
Minister of Planning Discusses with Qatar Development Fund, Group (G7+) enhancing cooperation
Prime Minister Stresses Priority of Expanding Rural Water Services
Marib Deputy Governor, IOM Discuss Expanding Humanitarian Response Amid Growing Needs
Planning Minister Holds Separate Talks with Kuwaiti, German Officials
Defense Minister Chairs Exceptional Military Meeting to Review Field Developments and Combat Readiness
Leadership Council Chairman Calls for Stronger European Action to Back Recovery Efforts
PM Reviews Situation and Issues Facing Residents of Ibb Governorate
PM Emphasizes Coordination with WFP to Align Interventions with Humanitarian Needs