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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.


Civil Aviation and Met. Authority Confirms that Prior Flight Permission Necessary to Inter Yemen Airspace
Yemen Condemns Repeated Iranian Attacks on Kuwait, Bahrain, Jordan
President al-Alimi, UN Envoy Discuss Efforts to Revive Yemen Peace Process
President al-Alimi: State Will Not Allow Flights Outside State Authority, Houthis Must Accept Humanitarian Alternatives
Masam Destroys 4,573 Explosive Remnants of War in Abyan
UN Envoy Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights
UK Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights
President al-Alimi: The State Is Moving Forward with Confidence to Protect Sovereignty, End the Coup
President al-Alim: No blockade on Sana'a Airport, No Tolerance with Any Complicity To Violate National Sovereignty
Sudan Denounces Direct Tehran-Sana'a Flights, Backs Yemen's Government

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