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2025/10/29
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Latest News:
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Latest News:
Presidential Leadership Council holds meeting with local authorities, urges joining efforts, resources
Yemen Chief Justice Discusses Judicial Cooperation with French Ambassador
Yemen Ambassador Participates in inauguration of 12th China-Asia Cultural Week
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Yemen Participates in 10th Ministerial Committee Meeting on Standardization in Kuwait
PM orders confinement of public organizations' accounts to central bank
[17/09/2018 04:03]
ADEN-SABA
Prime Minister Ahmed bin-Daghr has issued orders to close the accounts of public organizations with commercial banks and confine those accounts to the country's central bank in the temporary capital Aden.
Chairing a meeting the national Economic Committee tasked with addressing the recent devaluation of the national currencyheld in Aden on Monday, bin-Daghr ordered that any surplus of foreign cash in the accounts of public agenciesto be used to address the causes of the Riyal devaluation.
The central bank will use those surpluses to meet the demands on dollar for importing oil products.
Key words:
organizations - Chairing - currencyheld - devaluation - SABA Prime - addressing - agenciesto - commercial - Committee - importing -
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