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PM emphasizes strict enforcement of Financial Law
[08/10/2017 03:54]

ADEN-SABA
Prime Minister Ahmed bin-Daghr has emphasized the imperative of strict enforcement of the provisions of the Financial Law concerning revenues and expenditures.

In a meeting with the acting governor of the Central Bank of Yemen (CBY) Ahmed Hussein in Aden on Sunday, bin-Daghr underlined the importance of boosting the function of the CBY by cooperation with the Finance Ministry in mobilizing local resources and rationing public spending, to reduce the state budget deficit.

They discussed the level of enforcement of the state budget for the period September 2016 to September 2017.

Bin-Daghr hailed the vital role of the CBY in maintaining liquidity in delicate circumstances like the current.

The acting governor gave bin-Daghr an overview on the status of the Rial in the exchange rate saying violators of the CBY law and rules who tamper with the Rial rate should be subject to the necessary penal measures.


President al-Alimi confirms significance of UK support to Yemen's economy
President al-Alimi receives Dutch delegation
Minister al-Sharjabi discusses with Dutch officials Yemen's water, environment
PM receives British Ambassador in Aden
Al-Alimi receives congrats from US president and other world leaders on National Day
Mujalli: Houthi militia committed 4276 breaches against the UN-brokered truce
Dep. Oil Minister, US company discuss investment opportunities in oil exploration and mining
Al-Alimi receives congrats from his Egyptian counterpart on the 32nd National Day anniversary
President receives congrats from Custodian of the Two Holy Mosques on National Day
Yemeni-American in oil and minerals discussed

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