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President al-Alimi convenes a meeting with Prime Minister, Governor of Central Bank, Finance Minister

[17/07/2023 06:18]

RIYADH-SABA
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council, convened a session today, Monday, with Prime Minister Dr. Ma'een Abdulmalik, Governor of the Central Bank of Yemen (CBY) Ahmed Ghalib and Minister of Fincance Salim bin Bureik.

The session intended to discuss the reports about the government's efforts to manage the economic challenges during the first half of current year. The discussions touched upon the prospects for bolstering the monetary and financial stability in collaboration with all government's apparatuses and local authorities to improve the State's public revenues and to go on the comprehensive reforms backed by the regional and international community.

The Prime Minister, Governor of the CBY and Finance Minister presented an overview on the current economic situation, the disastrous repercussions of the Houthis' terrorist attacks on the oil facilities and international marine shipping lines, citing the government's measures to deal with and the brothers' and friends' interventions to thwart the objectives of those criminal attacks.

President al-Alimi applauded the efforts of the government and CBY to maintain the monetary, financial and services stability, and to keep on paying the salaries of the government's employees and provide the necessary funds to import the basic commodities.

In this regard His Excellency praised the constant support of the brothers in the Kingdom of Saudi Arabia and the United Arab Emirates to bail out the national economy and to support the State's general budget and the CBY which contributed to maintain the national currency and to help the government to deliver on its commitments.

The Chairman of the Presidential Leadership Council urged the government to step up the efforts to provide the basic services to alleviate the humanitarian suffering which has been worsened by the Houthi militias' terrorist practices.