[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-Alimi: We have strong evidence on Iran's destructive role in Yemen, region
Faqira discusses enhancing parliamentary cooperation with official in Jordanian Senate
Prime Minister Directs Preparations for National Energy Conference
High Council of Energy approves measures to address electricity problems
Tariq Saleh inspects al-Makha Port, reviews agricultural export activities
President al-Alimi receives draft rules governing work of Presidential Leadership Council, Consultation and Reconciliation Commission, Legal, Economist Teams
PM convenes joint meeting of leaderships of CBY, Ministries of Finance, Oil
President al-Alimi praises Turkish support for Yemeni people
SDRPY) launches project to enhance water security in Aden and Hadhramout
Ambassador Marmash, Iraqi Foreign Official Discuss Ways to Strengthen Bilateral Relations