Yemen Reaffirms Rejection of Terrorism Following Deadly Damascus Bombing
The Republic of Yemen has denounced the terrorist attack that struck a café in the vicinity of the Palace of Justice in Syria's capital, Damascus, leaving a number of people dead and injured.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
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.
Paris Saint-Germain Crowned UEFA Champions League Winners
French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.
User Name: Password:
FM: Messing up with national currency won't be tolerated 2020
[01/01/2020 06:49]

ADEN-SABA
Prime Minister Dr. Ma'een Abdulmalik has made it clear that any reckless endeavors aiming to damage the national currency will never be tolerated by the government." Per President Hadi's directives the government is authorized to take every necessary measure to maintain the national currency. Any attempt may aim to mess up with the national currency won't be tolerated", said Ma'een.

His statement came as he presided over a meeting of the board of directors of the Central Bank of Yemen (CBY) held Wednesday in the interim capital Aden.

The session devoted to discuss the CBY's action-plan of 2020 that is designed to redress irregularities of the institutional structure, keep on building up monetary reserves and maintain the value of the national currency.

The discussions touched upon several precaution measures aiming to maintain the exchange rate of the national currency, provide liquidity, revive the cycle of monetary and secure salaries regular pay.

The Prime Minister warned of the dangerous consequences of the Houthi rebel militia's illegal measures to ban dealing with newly issued national currency banknotes. He said "Such illegal and irresponsible measures will make it difficult to pay tens of thousands of pensioners and government's employees in the militia controlled regions".

Ma'een called on the UN, WB, IMF and International Community (IC) to bear their responsibility toward the Houthi militia's irresponsible and destructive measures.


Yemen Reaffirms Rejection of Terrorism Following Deadly Damascus Bombing
Planning Minister Discusses Enhanced Coordination with International Aid Orgs
Republican Decree Appoints New President of Dhalea University Issued
Minister of Planning Discusses Enhanced Partnership, Development Priorities in Yemen with Friedrich Ebert Foundation
Yemen, Bulgaria Discuss Strengthening Diplomatic Training and Cooperation
Yemen, Indonesia Seek to Expand Higher Education and Research Cooperation
Agriculture Minister Highlights Governance as Key to Smart Farming at FAO Global Conference
Agriculture Minister Leads Yemen's Delegation to FAO Global Conference on Smart Farming
Agriculture Ministry, FAO Advance Breakwater Project for Socotra Fishing Community
Planning Minister Urges Shift from Aid to Resilience in Talks with Acting WFP Chief

About Saba News Agency | Usage Agreement | Contact Us