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Last Update: ،
2026/10/22
Time
04:19:05
Latest News:
Yemeni Foreign Minister Warns of Houthi Threats to Regional and International Security
Rasd Organization: 51 Civilians Killed or Injured in Taiz in One Week
Yemen, Türkiye Discuss Bilateral Relations and Latest Developments
Yemen, Japan Discuss Ways to Strengthen Parliamentary Cooperation
Human Rights Minister Discusses Houthi Violations with UN Human Rights Office
Latest News:
Yemeni Foreign Minister Warns of Houthi Threats to Regional and International Security
Rasd Organization: 51 Civilians Killed or Injured in Taiz in One Week
Yemen, Türkiye Discuss Bilateral Relations and Latest Developments
Yemen, Japan Discuss Ways to Strengthen Parliamentary Cooperation
Human Rights Minister Discusses Houthi Violations with UN Human Rights Office
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 -
Houthi Militias Bombard Mosque, School in Jabal Saber, South of Taiz
Yemeni Foreign Minister Warns of Houthi Threats to Regional and International Security
Rasd Organization: 51 Civilians Killed or Injured in Taiz in One Week
Yemen, Türkiye Discuss Bilateral Relations and Latest Developments
Yemen, Japan Discuss Ways to Strengthen Parliamentary Cooperation
Human Rights Minister Discusses Houthi Violations with UN Human Rights Office
Yemen, Jordan Sign Memorandum of Understanding in Fields of Culture, Heritage
Minister al-Sharjabi Discusses Strengthening EU Cooperation on Water, Environment
President al-Alimi: Houthi Militias Attacks On Civilian Airports Require World's Unity, As It Did Against ISIS, Al-Qaeda
Houthi Shelling Injures Two Civilians, Sets Factory Ablaze in Taiz
