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PM presents draft 2019 budget to parliament
[14/04/2019 04:57]
SAYOON-SABA

Prime Minister Maeen Abdulmnalik presented to the parliament's convened session in Sayoon on Sunday the draft 2019 state budget estimating the revenues from the government-hed cities to amount to YR 1,466,307,000,000 mostly from oil, gas and taxes.

The budget also projects YR 2,447,503,000,000 expenditures including for provinces under the control of the Houthi militia.

Speaking about the economic challenges, the Prime Minister pointed out to the militia's control of the state sovereign institutions in the capital Sana'a and the revenue-generating resources since their coup mounted in September 2014.

He also cited the militia's extortionist policy that led to business collapses and the militia's draining of the country's foreign cash reserves of $5 billion in one year which eventually impacted the national currency causing a drastic loss in its value.

He also pointed to the militia's years of crackdown and killing of oppositionists and bombing of their houses, the displacement of civilians in large numbers and the overall unprecedented humanitarian crisis by the militia's relentless war.


President al-Alim: We're determined to protect civilians, correct course of partnership within Coalition to support Legitimacy
President al-Alimi urges international community to help translate sovereign decisions into practical measures within the Security Council
Yemen Orders UAE Forces to Withdraw Amid Rising Tensions
A republican decree about declaring a state of emergency
Interior Ministry Supports President's Decisions to Counter Armed Rebellion
Coalition Conducts Limited Airstrike on Weapons Shipment at Yemen's Mukalla Port
Saudi Arabia Reaffirms Commitment to Yemen's Security, Expresses Regret over UAE's Actions
Yemen Government Supports Presidential Council's Decisions, Praises Saudi Arabia's Stance
Hadramout Authority Supports President's Decisions, Calls for Rallying Around Legitimate Leadership
National Defense Council blesses presidential decisions to protect civilians, end Emirati presence in Yemen

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