Government Welcomes G7 Foreign Ministers’ Statement
The government has welcomed the joint statement issued following the G7 foreign ministers’ meeting and the EU High Representative in Paris on November 9-10, commending its strong condemnation of continued Houthi militia attacks in Yemen and Saudi Arabia, including attacks on civilians and civilian infrastructure.
GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia
The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.
EU Allocates 525 Million Euros to Support Startups in Chip Design
European Commissioner for Technological Sovereignty, Security and Democracy, Hana Verkonen, announced that the European Union (EU) has allocated 525 million euros to support startups in the field of chip design.
Al Nassr Beat Al Fateh 3-0 in Saudi Football League
Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.
User Name: Password:
Gov: National currency's value won't be allowed to go down
[22/10/2017 04:01]
ADEN-SABA

Prime Minister Dr Ahmed Obeid Bin-Dagher stressed that government won't let national currency go down. Efforts will be devoted to boost the Yemeni rial value to prevent any economic upheavals, he stated.

Bin-Dhagher chaired an extraordinary meeting held in Aden Saturday brought together the management of the Central Bank of Yemen, managers of banks and exchange companies. The meeting aimed to discuss the devaluation of the Yemeni rial against foreign currencies and take necessary measures cope with the problem.

"Maintaining national currency's value is a common national responsibility falls upon the shoulders of public and private sectors", said the Prime Minister, adding that his government is going to take all legal actions that can help maintaining the national economy and protecting domestic market and peoples' living conditions from economic tumults.

Dr Bin-Dagher said:" Leaders of banking and financial sectors and businessmen ought to cooperate with the government to serve the national interest of the country. Any sabotage act such as running business exchange illegally that may badly affecting national currency must be stopped".

The Prime Minister urged businessmen leaders to act responsibly." You must give mind a room beside profit, help raising awareness about our key issue which is to defeat aggressors of Houthi and Saleh", he said.

Bin-Dagher continued to say "You shouldn't contribute to financing the war waging by the militias against the homeland". "Rial is our national currency from Sa'ada to Al-Mahara, a national fellow is badly affected all over the country, if rial's value devaluates. Nobody will be allowed to break the law"'., he added.

The acting governor of the Central Bank of Yemeni Ahmed Abu Baker said" Laws of the Yemeni central Bank of Yemen, Commercial Banks and Exchanges were laws in effects that governing the action of the Central Bank in Aden, these laws would strictly enforced and lawbreakers would be held accountable".

" We will work along with finance Ministry to open bank accounts for every government's employee as the employee may wish, salaries would be deposit in these accounts.", Abu Baker added.

It is worth mentioning that General Prosecution has ordered the law-enforcement authorities to bring lawbreakers to the courts.




Government Welcomes G7 Foreign Ministers’ Statement
Arab League Warns of Health Crisis Threatening Children in Taiz
Yemen Urges EU to Designate Houthis as Terrorist Organization
G7 Condemns Houthi Attacks, Calls for Humanitarian Corridor in Taiz
Yemen, Arab League Discuss Developments and Strengthening Support for Yemen
Al-Arada Discusses Houthi Escalation and Taiz Siege with British Ambassador
Coalition Intercepts and Destroys Two Houthi Drones Over Saudi Arabia
Taiz Governor Discusses Cash Shortages, Food Supply Stability with Central Bank
Yemen, UN Release Third Update of Nationally Determined Contributions at COP31
National Battle Steadily Moving Toward Achieving its Planned Objectives—Members of PLC stressed

About Saba News Agency | Usage Agreement | Contact Us