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Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
PM directs Finance Ministry to strengthen fiscal discipline
[22/09/2019 02:01]
RIYADH-SABA
Prime Minister Dr. Maeen Abdulmalik directed the Ministry of Finance to strengthen fiscal discipline and take all steps to control expenditures and develop revenues in coordination with the local authorities in the liberated governorates.
He issued the directives during his meeting today with Finance Minister Salem bin Breik who had been sworn in to office before President Abd-Rabbu Mansour Hadi a couple of days earlier.
The Prime Minister urged the Minister of Finance to adhere to the implementation of the state budget for 2019, in order to ensure financial discipline in accordance with the clear rules set in the budget.
For his part, the Minister of Finance affirmed his commitment to the directives of the Prime Minister and that he would do everything to tackle the challenges and difficulties facing the ministry.