KSrelief signs MoU worth USD 9 million to support Yemen's Humanitarian Funding Fund
The King Salman Humanitarian Aid and Relief Center (KSrelief) signed on Monday with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) a financial support memorandum worth nine million US dollars to support the Yemen Humanitarian Financing Fund.
Concert at Tsarevets Fortress in Veliko Tarnovo to Pay Tribute to Ennio Morricone
Popular film music by Ennio Morricone will be played by the Vratsa Symphony and Italian soloists on July 13 at the Tsarevets Fortress in Veliko Tarnovo, the Bulgarian news agency reported quoting the organizers on Tuesday.
Oil rebounds on likely drop of US stockpiles, and optimism regarding rate cuts
Oil prices recovered during early trading today, Wednesday, after three days of decline on reports of likely decline in US crude and fuel inventories last week, indicating stabilization in demand and with improved expectations related to lowering interest rates.
Spain knocks out France, qualifies for UEFA Euro 2024 final
Spain qualified for the final of the current edition of Euro 2024 by eliminating France 2-1 in the match that was held between them at the Allianz Arena.
User Name: Password:
FM: Messing up with national currency won't be tolerated 2020
[01/01/2020 06:49]

Prime Minister Dr. Ma'een Abdulmalik has made it clear that any reckless endeavors aiming to damage the national currency will never be tolerated by the government." Per President Hadi's directives the government is authorized to take every necessary measure to maintain the national currency. Any attempt may aim to mess up with the national currency won't be tolerated", said Ma'een.

His statement came as he presided over a meeting of the board of directors of the Central Bank of Yemen (CBY) held Wednesday in the interim capital Aden.

The session devoted to discuss the CBY's action-plan of 2020 that is designed to redress irregularities of the institutional structure, keep on building up monetary reserves and maintain the value of the national currency.

The discussions touched upon several precaution measures aiming to maintain the exchange rate of the national currency, provide liquidity, revive the cycle of monetary and secure salaries regular pay.

The Prime Minister warned of the dangerous consequences of the Houthi rebel militia's illegal measures to ban dealing with newly issued national currency banknotes. He said "Such illegal and irresponsible measures will make it difficult to pay tens of thousands of pensioners and government's employees in the militia controlled regions".

Ma'een called on the UN, WB, IMF and International Community (IC) to bear their responsibility toward the Houthi militia's irresponsible and destructive measures.

KSrelief signs MoU worth USD 9 million to support Yemen's Humanitarian Funding Fund
Prime Minister chairs Meeting to evaluate organizations' interventions
Leadership Council chairman receives UK Ambassador
Head of national Inquiry commission meets chief of Counter-Terrorism Apparatus
Yemen ambassador meets with First Deputy Prime Minister of Kuwait
Yemen participates in meeting for Arab Governmental Experts on human rights strategy
Prime Minister chairs meeting for Joint Operations Authority
Eight civilians including women and children killed or injured by Houthi bombardment in Taiz
Health minister calls on international and regional organizations to provide emergency support
Yemen participates in meetings of WIPO assemblies

About Saba News Agency | Usage Agreement | Contact Us