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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.





Meeting in Aden discusses enhancing cooperation in fishery sector
International Rescue Committee, Marie Stopes Health Organization's interventions in remote areas discussed
Ambassador Turaik discusses enhancing bilateral cooperation academic field with President of Turkish Higher Education Authority
Al-Arada discusses developments in Yemen with U.S. Chargé d'Affaires
Parliament Speaker Meets Prime Minister to discuss current developments
President al-Alimi Meets with Parliament Speaker, members
Yemen and Japan Strengthen Cooperation in Water and Environment Sectors
Yemen Holds Meeting to Boost Nutrition Efforts
Prime Minister Meets with UN Special Envoy to Discuss Peace Efforts in Yemen
Human Rights Report: Houthi Militias kill, injure 3,835 women

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