PM emphasizes strict enforcement of Financial Law

Presidential Leadership Council Commends Government's Decisions, Considers them Starting Point to Build State Institutions Competent to Deliver on its Obligations

An official source in the Presidential Leadership Council (PLC) welcomed the package of practical economic, financial and administrative decisions and measures taken by the Council of Ministers in its meeting today, Tuesday, in the temporary capital, Aden, chaired by Prime Minister Dr. Shaya Zindani, describing them as a step forward on the path of comprehensive reforms aimed at improving living conditions, enhancing the efficiency of state institutions, consolidating the principles of transparency and governance, and building an economic and administrative model capable of satisfying the aspirations of the people.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/19 Time 03:43:10
Latest News:

PLC Member Salem al-Khanbashi Reviews Public Health Laboratories and Reaffirms Support for Social Cohesion ..

Saudi Development Program Showcases Yemen Reconstruction Experience at Global Urban Forum

Cabinet Endorses Economic Measures to Improve Public Sector Conditions

Minister of Planning Seeks British Support for National Development, Stability Plan

Al-Eryani Receives Invitation to Participate in Arab Information Ministers' Meeting from Libyan Ambassador ..

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.