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Presidential Leadership Council reviews economic situations and topical issues

[02/03/2023 05:10]

RIYADH - SABA
The Presidential Leadership Council held a cession today, Thursday, presided over by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with presence of the Council's members Sultan al-Eradah, Dr. Abdullah al-Alimi and Othman Mujall and Aidarous Azubaidi, Tariq Saleh and Abdurhman al-Mahrami contributed to the discussions via video link, while Faraj al-Bahssani was not in attendance for founded justification.

President al-Alimi presented an overview on his recent European tour included Belgium, the EU headquarters and his contribution to the Munich Security Conference and the officials meetings held on the sideline of the Conference.

The session devoted to discuss the developments in the national arena, particularly the indicators of the economic position in view of the policies and measures have been adopted by the government to deal with the repercussions of the Houthis' terrorist attacks on the oil facilities and seaports, the restrictions the militias have imposed upon private-owned businesses, the movement of individuals, goods and live-saving humanitarian aids.

The Presidential Council urged the government to double down its efforts to improve good governance of the resources and public revenues, deposits and generous developmental interventions by brothers in the Kingdom of Saudi Arabia and the United Arab Emirates.

The Council highly praised the Royal noble directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz to deposit an amount of one billion dollar in the account of the Central Bank of Yemen (CBY) that will enhance the CBY's capacities to run the monetary policy, maintain the national currency exchange rate, foil the terrorist militias' plans aiming to further worsen the world's worst humanitarian crisis.