[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.
Vice Foreign Minister meets Head of Bilateral Relations Department at German Foreign Ministry
Leadership Council Member Al-Arada Chairs Meeting with Senior Security Officials
Vice FM Meets Number of German Organisations
Yemen Political Parties Reject Unilateral Actions in Shabwa, Hadramout, and Mahra
UNESCO Adds Hadrami Dan to Intangible Cultural Heritage List
Foreign Minister Zindani Meets with UN Special Envoy
Al-Mahrami urges doubling down efforts to maintain oil derivatives supplies
Amb. al-Ashbi discusses trade cooperation with Pakistani Commerce Minister
Saudi Delegation Meets with Sheikhs, Notables, Leaders of Hadhramaut
Member of Presidential Leadership Council al-Arada Holds Expanded Official, Public Meeting in Marib