CBY discusses provision of cash to Aden

Governor of Aden discusses with civil society organizations enhancing security, supporting development

Minister of State and Governor of Aden Governorate Abdulrahman Sheikh discussed Tuesday with representatives of civil society organizations working in the governorate ways to enhance security and stability and support the local development process.

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.

S. Korea's exports rise 33.9 percent in January

South Korea's exports jumped 33.9 percent year-on-year to reach $65.85 billion in January, driven by strong demand for semiconductors.

Paris Saint-Germain temporarily tops the French league after their win against Auxerre

Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.

Last Update: ، 2026/02/04 Time 05:15:24
Latest News:

Yemenia launches Jeddah-Socotra line to enhance air connectivity، stimulate tourism

Presidential Leadership Council member Salem al-Khanbashi meets with UN Special Envoy's Office officials

Taiz Deputy Governor Reviews Yemen Support Fund Interventions with Chemonics UK

Amb. al-Ashbi meets with Pakistani Deputy Foreign Minister

Ambassador Faqeera, Jordanian Education Minister Discuss Enhancing Educational Cooperation

CBY discusses provision of cash to Aden

[13/08/2017 01:06]

ADEN-SABA
The Central Bank of Yemen's Board of Directors discussed on Sunday supplying the bank with banknotes printed abroad to the bank's headquarter in interim capital of Aden.

In a press release issued after the meeting, Governor of the CBY Munassar al-Quaiti said the Board of the Directors "discussed obstacles facing preparations for transporting and importing the funds due to ban receiving these funds via areal transportation by a cell in the Arab Coalition for unknown reasons since April 2017."

"Permissions for 13 flights to Aden have been cancelled without justifications," added al-Quaiti, talking about flights loaded with banknotes printed outside the country and banned from landing in Aden. "The sponsoring committee failed reaching decisions on this issue."

" The Board expressed its astonishment and deep concern over these obstacles as they hinder the Central Bank of Yemen's functions and its legal duties in providing enough and suitable currency for the Yemeni economy in accordance with the the Central Bank's law No. 14 for 2000 for paying salaries of the State's Administrative Apparatus," the release went on.

Governor al-Quaiti continued that such deliberately-made obstacles "defame the Central Bank of Yemen and its executive management as they introduce the bank's leadership as botched in performing its duties and deprive huge number of the employees of their salaries and causing to the Yemeni economy dangerous hurdles for providing currency."

"In front of these conditions, the Board of Directors of the Central Bank of Yemen decided continuous communication with the command of the Arab Coalition, regional community and international community for boosting the independence of the Central Bank and respecting its performance of its legal functions, taking into consideration independence and sovereignty of this institution on Yemeni level and making it away of mixing political papers and aftermaths of political differences by all parties and respect independence and sovereignty of the republic of Yemen," the governor concluded.