Economic Committee: Houthi rebels' practices drive national economy into overall collapse

Health minister, KSrelief discuss supporting health sector

Minister of Public Health and Population Dr. Qasem Buhaybeh on Sunday held talks with officials at the health section of the King Salman Humanitarian Aid and Relief Center and together reviewed the health projects funded by KSrelief and those with direct support from othe partners.

The victims toll of Israeli annihilation war on Gaza rises to 45,059 martyrs,107,041 injured

The mortalities toll of the Israeli occupation extermination warfare on the Gaza Strip since October 2023 has risen to 45,059 martyrs and 107,041 injured.

Canada's federal budget deficit rises to $61.9 billion

The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.

Atletico take the lead after beating Barcelona in stoppage time

Atletico Madrid snatched the lead of the Spanish La Liga after beating former leaders Barcelona 2-1 at the Luis Company's Olympic Stadium in Barcelona on Saturday.

Last Update: ، 2024/12/22 Time 05:19:52
Latest News:

Yemeni-Saudi Business Council launches initiatives to enhance trade exchange

Japan grants Yemen $6.6 million in new aid package

NCIAHRV, JIAT discuss joint coordination, cooperation

Maj. Gen. al-Zubaidi, Ambassador of Djibouti discuss coordination of positions to secure international ..

Yemen condemns car-ramming attack in German city of Magdeburg

Economic Committee: Houthi rebels' practices drive national economy into overall collapse

[28/05/2019 10:20]

ADEN-SABA
The Economic Committee charged managing economic hardships said Houthi militias are insisting on exploiting economic and fiscal situations in the militia controlled regions to get involved in currency speculations in the market causing national currency slide.

The committee added in statement seen by the Yemeni News Agency (Saba) saying" The militia is insisting on driving national economy into total collapse, exercising blackmailing on financial institutions under weapons intimidation to justify its actions, serves its own interests; employing national currency collapse to achieve gain politically by capitalizing on the peoples' suffering, blaming the government and Arab Coalition for the deteriorated humanitarian situation".

The committee reaffirmed that the Central Bank of Yemen (CBY) has continued to do its job, securing foreign currency to import basic commodities of food and fuels for all traders in line with the stated regulations and conditions.

The committee called on the International Community (IC) and UN to sense their responsibility, get the militia refrain from exploiting the humanitarian crisis to gain politically.