Economic Committee says central bank committed to impartiality of banking

Foreign Minister Discusses with Her Somali Counterpart Cooperation in Maritime Security

Minister of Foreign Affairs and Expatriates Dr. Afrah al-Zoubi and the Somali Minister of Foreign Affairs and International Cooperation Abdulsalam Abdi discussed today, Sunday, on phone the bilateral relations and cooperation between the two countries.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/14 Time 08:22:32
Latest News:

MASAM Removes 2166 of Houthi-Laid Landmines, UXO In 11 Days

Foreign Minister Calls ON UNHCHR To Move Quickly To Protect Civilians, Document Houthi Violations

Council of Ministers Takes Practical Measures To Respond to Houthi Escalation Implications

Yemeni Rights Network Documents 958 Houthi Violations in Nine Days

Yemen Ambassador, EU Official Discuss Houthi Escalation, Maritime Security

Economic Committee says central bank committed to impartiality of banking

[15/05/2019 02:27]

ADEN-SABA
The Economic Committee has affirmed that the country's central bank is committed to impartiality of banking and to ensuring that banks operate freely apart from any political exploitation.

The Committee made the remarks in a statement in the aftermath of Houthi crackdown on commercial banks in the rebels-held capital Sana'a to intimidate them into cutting business dealings with the government-run central bank in the temporary capital Aden.

The Committee indicated that the problems of cash shortage, depletion of foreign cash reserves and moving the monetary cycle to the black markets are all the outcomes of the Houthi militia's policy that has been around even a while before the relocation of the country's central bank from Sana'a to Aden.