FM: Messing up with national currency won't be tolerated 2020

Human Rights Minister, EU Delegation Discuss Cooperation on Rights and Institutional Reform

Minister of Human Rights Mishal Omar met today in the temporary capital Aden with a delegation from the European Union mission to Yemen, headed by Patrick Simonet, to discuss ways of strengthening cooperation in the field of human rights, institutional reform, and the protection of public freedoms.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

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.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/12 Time 08:18:39
Latest News:

Minister of Water Discusses Strengthening Cooperation with International Relief Agency, UNESCO

Yemen, China Sign Development Cooperation Agreement Worth 50 Million Yuan

Central Bank of Yemen Denies Archive Fire Rumors, Confirms Minor Electrical Fault Contained in Aden

Minister of Public Works, EU Ambassador Discuss Strengthening Cooperation in Infrastructure and Roads

Leadership Council Approves Time-lined Matrix of Reforms, Praises Progress in Uniting Security, Military ..

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.