Arab League affirms support for Yemen's unity, sovereignty, stability
The Council of the League of Arab States, at the ministerial level, affirmed its full support for Yemen's unity, sovereignty, security, stability, territorial integrity, and rejection of interference in its internal affairs.
Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria
The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.
Oil declines but stabilizes near its highest in a month
Oil prices declined in trading today, Wednesday, but remained close to their highest levels in a month, supported by new U.S. sanctions on a network of shipping companies and vessels, while traders are awaiting the OPEC+ meeting scheduled for the end of the week.
Leeds United beat Everton in English Premier League
Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier 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.




Arab League affirms support for Yemen's unity, sovereignty, stability
Ambassador Shuja al-Ddin discusses cooperation in field of electrical energy with Arab-Austrian Chamber of Commerce
Al-Erada discusses current challenges, strengthening international support with UK Ambassador
Mahrah Police foil plot aimed to establish drug production laboratory in the governorate
Al-Mahrami chairs expanded security meeting to confront challenges
FM confers with his Egyptian counterpart over joint cooperation
Governor of Aden discusses with UNDP Resident Representative strengthening capacities of local institutions
Aden Governor Discusses Preparations for Economic Conference with UN Envoy's Office Delegation
President al-Alimi confirms close partnership with international community in fighting terrorism
Commission of Inquiry Releases Report on Human Rights Violations in Yemen

About Saba News Agency | Usage Agreement | Contact Us