CBY discusses provision of cash to Aden

Republican Decree Appointing Governor for Hadhramout issued

The Republican Decree No. (45) of 2025 was issued Thursday in accordance with the Constitution, the law, and the references of the transitional phase, and after the approval of the Presidential Leadership Council.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold stabilizes near its highest in two weeks

Gold prices stabilized significantly today, Thursday, after reaching their highest level in nearly two weeks in the previous session, as market participants assessed the possibility of a U.S. interest rate cut in December.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/28 Time 09:37:19
Latest News:

Prime Minister Praises GCC support to Government

PM: We're looking forward to Russian partnership in energy businesses

Vice Minister of Water Discusses with Secretary-General of PERSGA Protect Environment of Red Sea, Gulf ..

Leadership Council Chairman Meets Gulf Cooperation Council Ambassador

Agriculture Minister Honors 26 Rural Women on World Food Day and Rural Women's Day

CBY discusses provision of cash to Aden

[13/08/2017 01:06]

ADEN-SABA
The Central Bank of Yemen's Board of Directors discussed on Sunday supplying the bank with banknotes printed abroad to the bank's headquarter in interim capital of Aden.

In a press release issued after the meeting, Governor of the CBY Munassar al-Quaiti said the Board of the Directors "discussed obstacles facing preparations for transporting and importing the funds due to ban receiving these funds via areal transportation by a cell in the Arab Coalition for unknown reasons since April 2017."

"Permissions for 13 flights to Aden have been cancelled without justifications," added al-Quaiti, talking about flights loaded with banknotes printed outside the country and banned from landing in Aden. "The sponsoring committee failed reaching decisions on this issue."

" The Board expressed its astonishment and deep concern over these obstacles as they hinder the Central Bank of Yemen's functions and its legal duties in providing enough and suitable currency for the Yemeni economy in accordance with the the Central Bank's law No. 14 for 2000 for paying salaries of the State's Administrative Apparatus," the release went on.

Governor al-Quaiti continued that such deliberately-made obstacles "defame the Central Bank of Yemen and its executive management as they introduce the bank's leadership as botched in performing its duties and deprive huge number of the employees of their salaries and causing to the Yemeni economy dangerous hurdles for providing currency."

"In front of these conditions, the Board of Directors of the Central Bank of Yemen decided continuous communication with the command of the Arab Coalition, regional community and international community for boosting the independence of the Central Bank and respecting its performance of its legal functions, taking into consideration independence and sovereignty of this institution on Yemeni level and making it away of mixing political papers and aftermaths of political differences by all parties and respect independence and sovereignty of the republic of Yemen," the governor concluded.