[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.
PM Launches Emergency Polio Vaccination Campaign
UN Secretary-General Condemns Houthi Attacks on Civilian Vessels in Red Sea
Foreign Minister Meets with Outgoing Mexican Ambassador
Ministry of Agriculture Signs MoU with Q Sun Foundation to Enhance Media Capacity
Yemen and South Korea Strengthen Bilateral Relations
Hadhramout Governorate and UNOPS Discuss Vital Sector Interventions
President al-Alimi meets with Mahra local authority leadership
FM Receives Copy of Georgian Ambassador's Credentials
FM Meets WFP Official to Discuss Humanitarian Efforts
Yemenia Airways Opens Doha Office in Preparation for Resuming Flights