High Economic Council endorses package of measures to manage economic, financial challenges

Yemen Welcomes International Recognition of Palestinian State

The Republic of Yemen has welcomed the announcement by Canada, Australia, Portugal, and Malta of their intention to recognize the State of Palestine. In a statement, the Yemeni Foreign Ministry expressed appreciation for this significant international development, viewing it as a historic milestone and an important step towards ending a conflict that has lasted for over half a century.

Bulgaria Launches First Innovation Centre for Internal Security

Bulgaria's Prime Minister, Rosen Zhelyazkov, inaugurated the country's first innovation centre dedicated to internal security, AXON lab, at the Academy of the Interior Ministry on Friday. The centre focuses on training and applying modern technologies in law enforcement.

GDP grows 0.1 percent in Eurozone

The Gross Domestic Product (GDP) in the Eurozone recorded a growth rate of 0.1 percent during the second quarter of the current year 2025, while it increased by 0.2 percent in the European Union compared to the previous quarter.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/08/01 Time 06:39:30
Latest News:

PM orders well preparations for International Conference on Food Security in Yemen

Yemeni Minister Discusses Water and Environment Projects with UNDP

Deputy Planning Minister Discusses Development Support with UN Advisor

Maj. General al-Zubaidi underlines Yemen's need for Chinese assistance to develop electricity services

Parliament Speaker participates in conference for parliamentary leaders

High Economic Council endorses package of measures to manage economic, financial challenges

[03/01/2023 04:41]

ADEN - SABA
The High Economic Council (HEC) has approved an array of procedures to handle the topical issues in the economic and financial fields, maintain the relatively stability in the national currency exchange rates and average prices.

In its session today, Tuesday, presided over by Prime Minister Dr. Ma'een Abdulmalik in the temporary capital Aden the HEC discussed a number of suggestions put forward by Minister of Finance Salim bin Bureik and Governor of the Central Bank of Yemen Ahmed Ghalib about the measures need to be taken to rationalize spending, increase revenues and handle the repercussions of the Terrorist Houthi militias' attacks on oil facilities upon the economic and humanitarian situations.

The HEC has adopted a number of policies aiming to enhance and diversify revenues, broaden their conduits and ensure delivering them to the government's official account.