Economic Committee says central bank committed to impartiality of banking

Parliament Speaker Discusses General Situation on the National Scene With Prime Minister

The Speaker of the House of Representatives, Sheikh Sultan al-Barakani discussed Wednesday with Prime Minister and Minister of Foreign Affairs Dr. Shaya Zindani the overall situation on the national scene, including political, economic, service-related and social issues.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/10 Time 10:43:30
Latest News:

Prime Minister Receives Spanish Secretary of State for Foreign, Global Affairs

Vice Minister of Foreign Affairs Discusses Strengthening Bilateral Relations with German Minister of ..

President al-Alimi: No Lasting Peace Without Disarming Militias

Yemen Reaffirms Commitment to Rights of Persons with Disabilities

PLC Member al-Khanbashi Reviews Industrial and Transport Development, Reaffirms Support for School Textbook ..

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.