US Treasury Department lifted ban on govt accounts: PM

President al-Alimi receives congratulation cable from King Salman, Crown Prince

Chairman of the Presidential Leadership Council Dr. Rashad al-Alimi received Tuesday congratulation cable from King Salman bin Abdulaziz on the 61st Ceremony of the 26th of September Revolution.

UN approves first international treaty to protect high seas

The United Nations announced the adoption of the first ever treaty to protect marine life in the high seas on Monday, in a landmark environmental agreement designed to protect remote ecosystems essential to humanity.

Six countries join BRICS Grouping

Leaders of the BRICS countries China, India, Russia, Brazil and South Africa announced the expansion of the grouping to include the Kingdom of Saudi Arabia, Egypt , the United Arab Emirates, Argentina, , Ethiopia, Iran as new members at a news conference during its 15th Summit in Johannesburg on Thursday.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2023/09/26 Time 03:43:14
Latest News:

UAE: Houthi attack on Saudi border represents disregard for all international laws

Saudi Arabia calls for stopping flow of weapons to the terrorist Houthi militia

Yemen condemns Houthi attack on Bahraini forces in southern Saudi Arabia

Leadership Council Chairman calls on militias to learn September lessons, abandon unviable project

Al-Erada attends the ceremony of the 26th of September Torch lit

US Treasury Department lifted ban on govt accounts: PM

[06/07/2017 04:12]

ADEN-SABA

"The US Treasury Department have informed us that they lifted the ban on the government 's bank accounts and that they would seek to have a similar lifting in other friendly countries (to Yemen)," the head of Yemen's government, Ahmed Obeid bin-Dghar said Thursday.

The premier was speaking to top officials from the Central Bank of Yemen CBY and the Ministry of Finance in a meeting he chaired in Aden on Thursday. The meeting was held to address the difficulties faced by the CBY and the ministry in their function, with a view to resolving those difficulties and setbacks.

The premier said the government took the brave decision of relocating the CBY to the temporary capital, Aden, after the coup militia had emptied its treasuries, including all the foreign cash reserves, which they used for their war. They had reached a point at which they were no longer able to pay the public servicemen's salaries. This required the historical decision of CBY relocation, he said.

The acting governor of the CBY briefed the premier on the achievements the CBY management had achieved in the past despite the scarcity of resources. And was able with these efforts to print more paper currency banknotes to provide liquid assets."

The Finance Minister said his ministry has been paying the salaries of public servicemen in government-controlled provinces on a regular basis at the end of every month up to June.

He said it sent off the payments for Taiz employees and employees of certain installations in other coup militia-controlled provinces. This is despite the militias' fail to hand over the reveneues they collect to the CBY.