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Last Update: ،
2025/12/08
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06:22:43
Latest News:
Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Al-Arada Discusses Current Developments with Ambassadors of the United Kingdom, France
Taiz Governor Discusses Security and Humanitarian Situation with UN Officials
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
Latest News:
Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Al-Arada Discusses Current Developments with Ambassadors of the United Kingdom, France
Taiz Governor Discusses Security and Humanitarian Situation with UN Officials
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
Zemam, Hudramout businessmen discuss mechanism of open letters of credits for importing food stuffs
[08/11/2018 07:03]
ADEN-SABA
Governor of Central Bank of Yemen (CBY) Dr Mohammed Zemam held meeting Thursday with a group of businessmen and investors of Hudramout province.
The session intended to discuss the new mechanism the CBY has opted to ease and facilitate procedures to open letters of credits to import basic food stuffs which are being subsidized through the $2billion Saudi deposit.
The needed amounts of foreign currency to cover imports of basic stuffs which total costs less than $200 thousands were also addressed.
The businessmen cited obstacles they have faced as they submitted their applications for first and second payments the CBY offered.
Zemam stated that former troubles have been overcome and new easy mechanism has been adopted, can be accomplished within less than three days by the bank's staff.
Key words:
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President al-Alimi briefs Ambassadors of the countries sponsoring the political process on developments in the eastern governorates
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
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President al-Alimi meets with French, British Ambassadors, U.S. Acting Ambassador
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