President al-Alimi holds meeting with PM, Governor of CBY, ministers charged with economy, foreign affairs

Eryani discusses with AEI officials Yemen situation and challenges posed by Houthi terror militia

Minister of Information, Culture and Tourism Muammar al-Eryani has met with officials from the American Enterprise Institute to discuss the situation in Yemen and the challenges posed by the terrorist Houthi militia.

Saudi and Turkish foreign ministers discuss promoting bilateral relations between the two countries

Saudi Foreign Minister Prince Faisal bin Farhan discussed with the Turkish Foreign Minister Hakan Fidan the bilateral relations between the two countries and ways to promote them.

Germany, Canada reiterate opposition to US tariffs.

Germany and Canada renewed today, Tuesday, their opposition to the tariffs that the new US administration began imposing on imports from abroad.

Saudi Al-Nasr beats UAE's Al-Wasl 4-0 in AFC Champions League Elite

Saudi Al-Nasr beat its guest, UAE's Al-Wasl, 4-0 in the match that brought them together at Al-Awal Park Stadium in Riyadh, as part of the seventh round of the AFC Champions League Elite 2024-2025.

Last Update: ، 2025/02/05 Time 08:59:02
Latest News:

Badhib: GDP declines 50 percent, inflation rises 200 percent due to Houthis' attacks on oil exports docks

Taiz Governor discusses preparations for 2025 fiscal year budget

Mahra Senior officials seek greater intervention by UNDP in fishery

Interior Minister Lauds Security Services' Efforts in Hadhramaut Valley

SPDRY participates in the 22nd meeting of Joint Technical Committee to identify Yemen's development needs ..

President al-Alimi holds meeting with PM, Governor of CBY, ministers charged with economy, foreign affairs

[08/05/2024 02:41]

ADEN-SABA
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) along with the PLC's member Abdul Rahman al-Mahrami convened session today, Wednesday, included Prime Minister Dr. Ahmed bin Mubarak, Governor of the Central Bank of Yemen (CBY) Ahmed Ghalib, Ministers of Foreign Affairs Dr. Shaea al-Zandani and Finance Salem bin Braik and the Head of the Economic Team Hussam al-Sharjabi contributed via the video conference technology.

The meeting intended to review the indicators of the economic and institutional performance over the previous period, the approved spending plan to deliver on the government's obligations, including regular salary pay for the government's employees, improve basic services, first of all is electricity, priority is given to provide necessary fuels to operate electricity generate stations in the temporary capital Aden and other government-held governorates.

The PM, Governor of the CBY and Ministers of Foreign Affairs and Finance reported about the economic status and the required measures need to be taken to improve the government's ability to access to its sovereign resources.

The concerned officials also reported about the financial and monetary position and the coordinated policies between the different concerned authorities to mitigate the repercussions of the Houthi terrorist attacks on oil facilities, international shipping lanes and the militias' destructive measures against the banking sector and its catastrophic impacts that will further worsen the already dire humanitarian crisis at different levels.

The Chairman and member of the PLC stressed that it is very important for the government to double down the efforts to deliver on the state's obligations and go on the comprehensive reforms and boost the role of the CBY and the two Ministries of Foreign Affairs and Finance in mobilizing the regional and international support.