PM emphasizes strict enforcement of Financial Law

National Alliance of Political Parties: Houthi Militia Statement Represents Dangerous Escalation Targeting Yemen, Region's Stability

The National Alliance of Political Parties and Components has stated that the recent statement issued by the spokesperson of the Iranian-backed Houthi terrorist militia constitutes a dangerous escalation aimed at undermining the stability of Yemen and the wider region.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/07/04 Time 09:45:17
Latest News:

Minister al-Soqtari Discusses Enhanced Cooperation with FAO on Plant Protection

International Exhibition Opens in Geneva to Highlight Yemen's Humanitarian Crisis

Planning Minister Meets German-Yemeni Association Leadership to Advance Cultural Cooperation

Ambassador Tareq, Turkish Vice Foreign Minister Discuss Strengthening Bilateral Cooperation

Rights Group Documents 752 Enforced Disappearance Cases in Houthi Detention Facilities

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.