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FM: Messing up with national currency won't be tolerated 2020
[01/01/2020 06:49]

ADEN-SABA
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.


Torrential rains in Taiz cause deaths of 15 people, widespread material losses
Houthi terrorist militias bombard IDP camp south of Hodeida
Minister of Interior praises American support for Yemeni security services
Minister of Planning discusses with WB joint efforts to expand development support
Minister of Electricity seeks American support for electivity
Vice Foreign Minister holds meeting with Yemeni Ambassadors to Arab countries
Yemen reiterates its full solidarity with Arab countries against Iranian aggressions
Governor of Mahra convenes meeting of Emergency Committee to deal with weather depression
Minister al-Sharjabi discusses with UNOPS Representative water, sanitation proiects
Minister of Public Works discusses with UNOPS representative road, infrastructure projects

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