PM emphasizes strict enforcement of Financial Law

Republican Decree Appointing Governor for Hadhramout issued

The Republican Decree No. (45) of 2025 was issued Thursday in accordance with the Constitution, the law, and the references of the transitional phase, and after the approval of the Presidential Leadership Council.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold stabilizes near its highest in two weeks

Gold prices stabilized significantly today, Thursday, after reaching their highest level in nearly two weeks in the previous session, as market participants assessed the possibility of a U.S. interest rate cut in December.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/28 Time 09:26:21
Latest News:

Prime Minister Praises GCC support to Government

PM: We're looking forward to Russian partnership in energy businesses

Vice Minister of Water Discusses with Secretary-General of PERSGA Protect Environment of Red Sea, Gulf ..

Leadership Council Chairman Meets Gulf Cooperation Council Ambassador

Agriculture Minister Honors 26 Rural Women on World Food Day and Rural Women's Day

PM emphasizes strict enforcement of Financial Law

[08/10/2017 03:54]

ADEN-SABA
Prime Minister Ahmed bin-Daghr has emphasized the imperative of strict enforcement of the provisions of the Financial Law concerning revenues and expenditures.

In a meeting with the acting governor of the Central Bank of Yemen (CBY) Ahmed Hussein in Aden on Sunday, bin-Daghr underlined the importance of boosting the function of the CBY by cooperation with the Finance Ministry in mobilizing local resources and rationing public spending, to reduce the state budget deficit.

They discussed the level of enforcement of the state budget for the period September 2016 to September 2017.

Bin-Daghr hailed the vital role of the CBY in maintaining liquidity in delicate circumstances like the current.

The acting governor gave bin-Daghr an overview on the status of the Rial in the exchange rate saying violators of the CBY law and rules who tamper with the Rial rate should be subject to the necessary penal measures.