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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.


Taiz Residents Bury 18 Victims of Houthi Shelling
Spain Says Houthi Attacks on Civilian Infrastructure in Yemen and Saudi Arabia Fuel Regional Escalation
Arab League Condemns Houthi Attacks on Saudi Arabia’s King Fahd International Airport
European Parliament Calls for Designating Houthis Terrorist Organization, Confirms its Support for Yemeni Government
Foreign Minister Delivers Message from President al-Alimi to Chinese President
Houthi Militias Bombard Mosque, School in Jabal Saber, South of Taiz
Yemeni Foreign Minister Warns of Houthi Threats to Regional and International Security
Rasd Organization: 51 Civilians Killed or Injured in Taiz in One Week
Yemen, Türkiye Discuss Bilateral Relations and Latest Developments
Yemen, Japan Discuss Ways to Strengthen Parliamentary Cooperation

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