Al-Bakri seeks British support for youths programs
The Minister of Youths and Sports Nayef al-Bakri conferred today, Thursday, with the British Ambassador to the Republic of Yemen Abda Sharif over bilateral relations and cooperation.
Israeli aggression on Gaza leaves 51,065 people martyred and 116,505 others wounded
The Israeli occupation's aggression on the Gaza Strip since October 7, 2023, has so far left 51,065 Gazan martyrs and 116,505 others wounded.
Gold near highest record amid continued escalation of trade tensions
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.
Napoli beats Empoli 3-0 to consolidate second place in Serie
Napoli defeated Empoli 3-0 in their Italian Serie A match, consolidating their second place in the standings.
User Name: Password:
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.


Al-Bakri seeks British support for youths programs
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Yemen affirms full support for Jordan in all measures taken to protect its security
Vice Foreign Minister discusses enhancing humanitarian cooperation with OCHA
President al-Alimi commends British efforts to mobilize international support to Yemeni People
Ambassador Nasher discusses enhancing media cooperation with Cuban "Prensa Latina" Agency

About Saba News Agency | Usage Agreement | Contact Us