Economic Committee says central bank committed to impartiality of banking

President al-Alimi receives U.S. Ambassador

Chairman of the Presidential Leadership Council Dr. Rashad Mohammed al-Alimi received Sunday, along with Council member Othman Mujalli, U.S. Ambassador Stephen Fagin to discuss the bilateral relations between the two friendly countries, their future prospects and ways to enhance them at various levels.

Death toll in Gaza rises to 48,264 and injuries to 111,688

The death toll in the Gaza Strip has escalated to 48,264 martyrs, and 111,688 injured, predominantly children and women, since the start of the Israeli occupation aggression on October 7, 2023.

QCB's foreign exchange reserves rise 3.81 percent

The Qatar Central Bank's (QCB) international reserves and foreign currency liquidity increased by 3.81 percent in February to 255.916 billion riyals, compared to 246.509 billion riyals in the same month last year.

Monaco draws 1-1 with Toulouse in the French Football League

Monaco tied with its host Toulouse 1-1 in the match that brought them together at the Municipal Stadium (Toulouse), within the 25th round of the French Football League.

Last Update: ، 2025/03/10 Time 03:58:36
Latest News:

Tariq Saleh: We're committed to support teachers, develop Taiz governorate

Prime Minister directs Local Authority in Hodeida to intensify efforts to address citizen's needs

PM: Schooling operation must be resumed

Amb. Faqira meets with Jordanian transport minister

MASAM removes 1058 landmines planted by Houthi terrorist militia during past week

Economic Committee says central bank committed to impartiality of banking

[15/05/2019 02:27]

ADEN-SABA
The Economic Committee has affirmed that the country's central bank is committed to impartiality of banking and to ensuring that banks operate freely apart from any political exploitation.

The Committee made the remarks in a statement in the aftermath of Houthi crackdown on commercial banks in the rebels-held capital Sana'a to intimidate them into cutting business dealings with the government-run central bank in the temporary capital Aden.

The Committee indicated that the problems of cash shortage, depletion of foreign cash reserves and moving the monetary cycle to the black markets are all the outcomes of the Houthi militia's policy that has been around even a while before the relocation of the country's central bank from Sana'a to Aden.