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Last Update: ،
2026/01/27
Time
12:50:07
Latest News:
Othman Mujalli praises wise leadership of Governor of al-Mahra
Tariq Saleh, Chief of Staff discuss preparedness of armed forces
National Investigation Committee Visits Socotra, Reviews Rights
Government Source: Ongoing Consultations to Form New Competence Government
PM Directs Strict Oversight on Fuel Derivatives Grant for Electricity Sector
Latest News:
Othman Mujalli praises wise leadership of Governor of al-Mahra
Tariq Saleh, Chief of Staff discuss preparedness of armed forces
National Investigation Committee Visits Socotra, Reviews Rights
Government Source: Ongoing Consultations to Form New Competence Government
PM Directs Strict Oversight on Fuel Derivatives Grant for Electricity Sector
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 -
Kuwait to Build Residential City for Displaced Persons in Marib
Othman Mujalli praises wise leadership of Governor of al-Mahra
Tariq Saleh, Chief of Staff discuss preparedness of armed forces
National Investigation Committee Visits Socotra, Reviews Rights
Government Source: Ongoing Consultations to Form New Competence Government
PM Directs Strict Oversight on Fuel Derivatives Grant for Electricity Sector
Emergency Relief Convoy from KSrelief Arrives in Marib
Prime Minister receives Italian Ambassador
Presidential Leadership Council Member al-Subaihi confers with U.S. Ambassador over partnership in fighting terrorism
President al-Alimi Congratulates on Australia National Day
