The Council of Ministers takes several measures to manage economic hardships

President al-Alimi Affirms Strict Commitment to Enforcing Sovereign Decisions, Warns of Rebellion against Yemen’s, Region’s Security

His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, received Wednesday Ambassador of the United States of America to Yemen Steven Fagin.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2026/01/01 Time 07:05:47
Latest News:

Taiz Military and Security Committee Supports President's Emergency Declaration

OIC reiterates its support for Yemen sovereignty, unity, territorial integrity

Ministry of Foreign Affairs Welcomes Statements Supporting Yemen's Unity, Sovereignty

Foreign Minister confers with U.S. Ambassador over bilateral relations

President al-Alimi Affirms Strict Commitment to Enforcing Sovereign Decisions, Warns of Rebellion against ..

The Council of Ministers takes several measures to manage economic hardships

[09/10/2021 04:41]

ADEN - SABA
Council of Ministers held its session today in the temporary capital Aden presided over by Prime Minister Dr. Ma'een Abdulmalik.

The session devoted to discuss economic , military and security challenges, basic services, commodities and fuels supplies and humanitarian situations.

The Cabinet elaborately discussed national currency depreciation, explored possible solutions and approved some practical measures to help maintaining the Yemeni Rial (YR) exchange rates.

The Cabinet has endorsed some practical measures including governorates' revenues should be deposited in the government general bank account, non-basic commodity imports should be restricted and taking the advantages of Yemen's Special Rights Withdrawn from the International Monetary Fund (IMF).

The Cabinet has decided that any internal contracts or transitions should only done by the (YR) and any contract or transition made with foreign currencies is considered illegal.

The Cabinet discussed necessary measures to ensure fuels supplies all over the country at reasonable prices.

Ensuring regular salary paid for military and security personnel in the coming stage was also addressed.

Basic services improvement mainly water and electricity was a key focus of the Cabinet's deliberations. Several measures have been approved to manage challenges facing electricity and water sectors.

The Council of Ministers discussed a report by Minister of Agriculture and Fishery about the attacks of the Eritrean Marine Patrols against the Yemeni fishermen. The Cabinet authorized Minister of Foreign Affairs to follow-up this matter with the Eritrean authorities.