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Hadi orders govt to restore food and services supply stability
[03/09/2018 10:03]
RIYADH-SABA
President Abd-Rabbu Mansour Hadi has ordered the government to take effective and urgent measures to restore the stability of food and services supply following this week's further devaluation of the Riyal from 550 to 600 against the US dollar and the soar of prices of basic commodities.

In a meeting of the national Economic Committee attended also by the Vice President and Prime Minister on Sunday evening, Hadi called for resuming oil and liquefied natural gas exports to bring in hard currency, an efficient collection of taxes, spending cuts and pay rise for civil servicemen among other measures to tackle the situation.

"We know the magnitude of the challenges, the economic impact of the Houthi militia's unrelenting war on the nation and confiscation of foreign cash reserves to finance the war. Nevertheless, we are not absolved from stepping up efforts to take tackling measures and start building a new economy right from scratch," he said.





Al-Alimi: Government Has Established a Firm Deterrence Strategy While Keeping the Door Open to a Just Peace
Civil Aviation and Met. Authority Confirms that Prior Flight Permission Necessary to Inter Yemen Airspace
Yemen Condemns Repeated Iranian Attacks on Kuwait, Bahrain, Jordan
President al-Alimi, UN Envoy Discuss Efforts to Revive Yemen Peace Process
President al-Alimi: State Will Not Allow Flights Outside State Authority, Houthis Must Accept Humanitarian Alternatives
Masam Destroys 4,573 Explosive Remnants of War in Abyan
UN Envoy Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights
UK Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights
Canada Voices Concern Over Iranian Flights to Yemen, Reaffirms Support for Yemeni Sovereignty
Germany Condemns Repeated Violations of Yemen’s Sovereignty, Houthi Attack on Saudi Arabia

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