PM emphasizes strict enforcement of Financial Law

Minister Al-Zaouri Discusses Enhanced Cooperation with UNHCR on Protection Initiatives

Minister of Social Affairs and Labor, Dr. Mohammed Al-Zaouri, met with UNHCR Protection Officer in Aden, Laize Farias, to discuss strengthening cooperation in protection initiatives.

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.

More than 1,500 flights canceled in U.S. amid ongoing government shutdown

Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.

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: ، 2025/11/19 Time 04:44:28
Latest News:

Ambassador Bahumayd Discusses Enhanced Cooperation with Malaysian Foreign Ministry Official

Health Minister Launches Workshop on Women's Development Strategy in Healthcare Sector

President al-Alimi praises Germany's support for Yemen

Minister of Water discusses with Japanese Ambassador coordination of positions in the “CITES” Convention ..

Prime Minister Holds Talks in Aden with UK Minister of State

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.