Leadership Council Chairman reviews government procedures to contain repercussions of currency devaluation

To manage challenges, national efforts need to be joined, international support imperative—al-Arada stressed

The Member of Presidential Leadership Council (PLC) Sultan al-Arada, confirmed that the challenges currently facing our country require joining national efforts and increasing regional and international support in order to contribute toward restoring the state institutions, achieving stability and alleviating the suffering of the Yemeni people.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/16 Time 09:11:17
Latest News:

Planning Minister Discusses Humanitarian and Development Plan Priorities with UN Resident Coordinator ..

Al-Khanbashi: Netherlands' developmental interventions greatly valued

Prime Minister receives Italian Foreign Ministry delegation

Leadership Council Member Al-Aradah Discusses Political, Economic Developments with EU Ambassadors

Coordinating Humanitarian Efforts of Relief Organizations in Wadi Hadramout Discussed

Leadership Council Chairman reviews government procedures to contain repercussions of currency devaluation

[14/11/2024 01:22]

ADEN – SABA
Chairman of the Presidential Leadership Council Dr. Rashad al-Alimi conducted a phone conversation with Prime Minister Dr. Ahmed bin Mubarak to review with him the latest developments in the economic and service situation, especially the drastic changes in currency exchange rates, the effect of that on basic commodities, and government efforts to speed up the economic rescue plan.

The Chairman of the Presidential Leadership Council was briefed by the Prime Minister on the procedures taken to shore up the position of the currency, deter currency speculators, control prices of services and basic commodities, and protect local products and industries.

Al-Alimi was also briefed on the procedures to improve the efficiency of the performance of power generation plants, reduce frequent power outages, and ensuring the continued flow of the necessary fuel from Hadhramaut and Marib governorates to operate government plants. President al-Alimi noted the policies taken to mitigate the human suffering worsened by the Houthi militia's terror attacks - with backing from the Iranian regime - on oil facilities and international shipping lines.

He asserted the importance of stepping up efforts to implement the decisions and recommendations of the Presidential Leadership Council, especially as to improving the state's access to its resources in all governorates.