Economic Committee says central bank committed to impartiality of banking

FM confers with UN's Envoy over peace efforts

The Minister of Foreiggn Affairs and Expatriates Dr. Shaya Zindani met today, Sunday, with the Special Envoy of the UN Secretary General to Yemen Hans Grundberg.

Spanish Foreign Minister says situation in Gaza ‘deeply inhumane’

Spain’s foreign minister has strongly condemned Israel’s ramped-up attacks in Gaza over the weekend, calling them “absolutely unacceptable.”

IsDB sings financing agreements worth over$1 billion

The Islamic Development Bank (IsDB) Group, signed several financing agreements with some member countries for a total value exceeding one billion dollars.

Napoli Wins Serie A Title for Fourth Time

Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.

Last Update: ، 2025/05/26 Time 01:23:44
Latest News:

President al-Alimi receives cable of congratulation from UN Secretary-General on National Day, May 22

Minister of Water and Environment Discusses Climate Change and Water Security with World Bank

Yemeni Interior Minister Highlights Significance of National Unity

Chief of Staff holds military meeting in Aden

Health Minister discusses strengthening partnership with Global Fund to address health challenges

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.