[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.
Marib Explores Expanded Humanitarian Partnership with Turkish Aid Agency
Cabinet Reviews Current Developments, Enhance State Institutions Readiness
Head of Civil Status Authority Discusses Strengthening Cooperation with UNICEF Delegation
President al-Alimi: We Established Firm Deterrence Equation, Doors Remain Open to Fair Peace
Civil Aviation and Met. Authority Confirms that Prior Flight Permission Necessary to Inter Yemen Airspace
Yemen Condemns Repeated Iranian Attacks on Kuwait, Bahrain, Jordan
President al-Alimi, UN Envoy Discuss Efforts to Revive Yemen Peace Process
President al-Alimi: State Will Not Allow Flights Outside State Authority, Houthis Must Accept Humanitarian Alternatives
Masam Destroys 4,573 Explosive Remnants of War in Abyan
UN Envoy Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights