Marib Deputy Governor Lays Foundation Stone for Three Korean Funded Water Projects
The Deputy Governor of Marib governorate Dr. Abd-Rabbo Meftah laid today, Thursday, the foundation stone for three water projects in the city and neighborhoods districts.
Gaza Death Toll Rises to 73,375, Health Authorities Say
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Gold Edges Higher Ahead of U.S. Jobs Data
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England Claim FIFA World Cup 2026 Bronze with Victory over France
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2026/08/07
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03:18:03
Latest News:
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Latest News:
CYB Signs MoU with UNDP
Minister of Social Affairs Discusses with WFP Joint Coordination
Yemen's Ambassador Discusses Cooperation with AGSIW
Al-Arada Confers with British Ambassador over Efforts to Protect Maritime Navigation
"MASAM' Destroys 8,412 of Landmines, UXO in Midi, Abyan
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.
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.
Key words:
SABA President - Nevertheless - confiscation - devaluation - unrelenting - commodities - challenges - collection - servicemen - government -
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