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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.


Britain Welcomes President’s Call to Hold Conference for Southern Components, Renews Support for Yemen’s
United Nations Welcomes Call by President al-Alimi to Hold Conference for Southern Components in Riyadh
France Affirms Commitment to Yemen’s Unity, Welcomes President’s Initiative to Convene Conference for Southern Components
Chairman of Shura Council Discusses Developments in Yemen with U.S. Ambassador
Leadership Council Member Meets U.S. Advisor and Ambassador
Saudi Cabinet Reaffirms Support for President al-Alimi’s Call for Southern Yemen Conference
President al-Alimi receives Senior Advisor to American President
Yemen Ambassador Discusses Bilateral Cooperation with Sudanese Official
Yemen Ambassador Discusses Bilateral Cooperation with Japanese Official
Egypt Reaffirms Support for Yemen's Unity, Sovereignty

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