Hadi orders govt to restore food and services supply stability

President al-Alimi: Unity has been Nobel Humanitarian, National Project for Southern, Northern Generations

His Excellency President Dr. Rashad al-Alimi, the Chairman of the Presidential Leadership Council, has directed an important address to the People of Yemen on the Occasion of the 36th Ceremony of the Republic of Yemen Marking 22nd of May.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/21 Time 11:41:01
Latest News:

Presidential Leadership Council Chairman Receives National Day Greetings from Russia and Japan

Deputy Governor of Taiz Meets German Embassy Official to Discuss Development Support

Minister of State for Women's Affairs Discusses Outcomes of Women's Summits

Deputy Interior Minister Meets with UN Envoy to Discuss Counter-Terrorism Efforts

Leadership Council Member Tariq Saleh Launches Development Projects in Western Coast with Saudi Support

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.