Presidential Leadership Council Member Al-Arada Performs Eid al-Adha Prayers with Worshippers, Receives Well-Wishers
Member of the Presidential Leadership Council and Governor of Marib, Major General Sultan al-Arada, performed Eid al-Adha prayers on Wednesday morning alongside large crowds of worshippers in Marib city.
Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured
Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.
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.
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.


Presidential Leadership Council Member Al-Arada Performs Eid al-Adha Prayers with Worshippers, Receives Well-Wishers
Leadership Council Members, PM Perform Eid al-Adha Prayers with Worshippers in Aden
President al-Alimi Congratulates Kings, Emirs, Presidents of Arab Countries on Eid al-Adha
Yemen, Japan Discuss Strategic Partnership
Yemen Praises Role of GCC in Protecting Regional Security, Stability
Prime Minister Returns to Aden After Short Official Visit to Cairo
Yemen, Arab and Muslim Nations Reject Somaliland Move to Establish Mission in Occupied Jerusalem
Chairman of the Consultation Authority Meets Japanese Ambassador to Yemen
Yemeni, Egyptian Foreign Ministers Lead Ninth Round of Strategic Dialogue in Cairo
Yemen Extends Condolences to China over Shanxi Coal Mine Explosion Victims

About Saba News Agency | Usage Agreement | Contact Us