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Finance Minister discusses economic developments with UN Envoy's Advisor
[16/03/2025 07:59]

ADEN - SABA
Finance Minister Salem bin Bureik discussed Sunday with the Economic Advisor to the UN Envoy to Yemen Dirk Jan Omzigt and his accompanying delegation economic developments and their impacts on the general situation, particularly regarding the service and living conditions of citizens.

During the meeting, which included Assistant Undersecretary for Budget Sector Mokhtar al-Shuraihi and Assistant Undersecretary for Foreign Relations Dr. Nasr al-Harbi, the focus was on the U.S. administration's decision to classify the Houthi militia, supported by the Iranian regime, as a "Foreign Terrorist Organization."

The discussion also addressed the significant negative effects of the Houthi militia's continued economic war against Yemen and Yemenis, particularly the blockade on crude oil exports, which constitutes about 65% of the state's general budget.

This situation has posed considerable challenges to public finances, deepening humanitarian suffering and diminishing the level of essential services provided to citizens. The conversation included ensuring the smooth flow of trade and humanitarian aid, as well as regional and international efforts to achieve peace in Yemen.

The meeting emphasized the importance of continued support from brotherly and friendly countries and partners for the government's efforts to implement comprehensive reforms, address the significant challenges facing public finances, improve various conditions, particularly service and living conditions, and achieve stability and improvement in the national economy while mitigating the worsening economic crisis and rising levels of food insecurity.

Minister bin Bureik touched on the latest developments in the economic and financial situation and the government's efforts to tackle public finance challenges amid the difficult circumstances the country is experiencing.

He praised the U.S. decision to classify the Houthi militia as a "Foreign Terrorist Organization" and appreciated the support of brotherly and friendly countries for the government's efforts to improve the overall situation.

He pointed out the significant negative effects of the halt in crude oil exports due to the Houthi militia's targeting of vital oil export facilities, stressing the importance of supporting efforts to resume crude oil exports to enhance the state’s public resources and sustain public finances, enabling the government to fulfill its obligations and responsibilities in facing economic challenges, combating corruption and providing services to citizens.

For his part, the UN economic advisor expressed his appreciation for the government's efforts to stabilize the economic situation and improve service and living conditions.


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