Minister: The coming days will witness an economic breakthrough

The Minister of Foreign Affairs and Expatriates Dr. Shaya Zindani, greatly valued the continues support of the People's Republic of China for Yemen through several decades in different fields.

Death toll in Gaza Strip has risen to 48,515, and injuries has risen to 111,941

The death toll in the Gaza Strip has risen to 48,515, and the number of injuries has risen to 111,941, the majority of whom are children and women, since the start of the Israeli occupation's genocidal war on October 7, 2023.

QCB's foreign exchange reserves rise 3.81 percent

The Qatar Central Bank's (QCB) international reserves and foreign currency liquidity increased by 3.81 percent in February to 255.916 billion riyals, compared to 246.509 billion riyals in the same month last year.

Saudi Arabia's Al-Taawoun qualifies for AFC Champions League semi-finals at expense of Iran's Tractor S.

Saudi Arabia's Al-Taawoun qualified for the AFC Champions League semi-finals after defeating Iran's Tractor S. 4-2 on penalties, after both teams finished 2-2 after regulation and extra time.

Last Update: ، 2025/03/13 Time 05:43:59
Latest News:

Leadership Council's Member Aidarous al-Zubaidi inaugurates several projects in Mahara

Yemen Deputy Foreign Minister Meets UN Envoy's Representative to Discuss Peace Efforts

Ambassador Eryani and German Official confer over developments in Yemen

Ambassador Al-Wuhayshi meets Russian presidential envoy for Middle East and North Africa

Resumption of WFP's distribution process for beneficiaries in Marib discussed

Minister: The coming days will witness an economic breakthrough

[21/12/2021 04:58]

Aden - Saba
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.

In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.

The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.