Planning Minister, Dutch Ambassador Discuss Development Cooperation
Minister of Planning and International Cooperation, Dr. Afrah al-Zouba discussed on Wednesday with the Ambassador of the Kingdom of Netherlands to Yemen Janet Seppen ways to strengthen bilateral cooperation and support the Yemeni government's development priorities and institutional reform agenda.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
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.
France Advance to World Cup Quarterfinals, Set Up Morocco Clash
France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.
User Name: Password:
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.


Planning Minister, Dutch Ambassador Discuss Development Cooperation
Social Affairs Minister Discusses Joining Efforts With UNHCR
Technical Education Minister, UNFPA Discuss Expanding Youth Skills Programs
State Minister for Women's Affairs Calls for Unified Efforts to Advance Women's Rights
Minister Of Interior Looks For Further Security Cooperation with Netherlands
Prime Minister Receives Dutch Ambassador In Aden
Yemen Condemns the Twin Bombings Targeting Damascus
Masam Removes 180 Landmines from Farmland North of Midi, Restoring Hope for Farmers
Minister of Social Affairs Discusses Situation of Social Fund for Development with International Partners
President al-Alimi Praises Korea's Role In Supporting Yemen, Tightening Sanctions On Terrorist Militias

About Saba News Agency | Usage Agreement | Contact Us