[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.
Vice Foreign Minister Discusses Enhanced Partnership and Migration Issues with UN High Commissioner
PM discusses with IMF mission results of Article IV consultations
Yemen participates in the 28th Arab Conference on Combating Terrorism, Organized Crime
Government Holds Consultations with IMF in Amman
Indian Embassy Team Begins Operations in Aden Representative Office
Minister al-Zaouri, UNFPA discuss joint collaboration
Yemen confirms its commitment to protect refugees
Al-Ahmadi discusses with Bahraini Undersecretary of Foreign Affairs resumption of Yemenia Airlines flights
KSrelief arm "Masam" Removes Over 1,300 Houthi Landmines in Yemen in One Week
Tariq Saleh, PM briefed on final preparations to operate Mokha Airport