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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.





Yemen, Kenya Discuss Bilateral Relations and Regional Security
President al-Alim Calls for Wide-Ranging National Alignment to Restore State Institutions, Eliminate Coup
National Defense Council Approves Measures to Support Liberation Efforts, Resume Oil Exports
Houthi Militias Sniper Shoots Civilian Dead In Taiz
Minister of Agriculture Discusses with FAO Joint Coordination
Yemen, Jordan Review Bilateral Ties and Regional Developments
Digital Transformation Conference Opens in Aden with Global Participation
Yemeni Ambassador, Lebanese Foreign Ministry Discuss Bilateral Cooperation and Regional Developments
Yemen Urges Regional Drive to Revive Education Sector
Marib Explores Expanded Humanitarian Partnership with Turkish Aid Agency

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