[21/12/2021 04:58]
Aden - Saba
The Minister of Industry and Trade, Muhammad Al-Ashwal, said that the coming days will witness a breakthrough in the economic situation in the liberated governorates, and that the gradual recovery of the local currency, the Yemeni riyal against foreign currencies, is a positive indicator that reflects the importance of the decision of His Excellency President Abd-Rabbu Mansour Hadi, regarding replacing the Board of Directors the Central Bank of Yemen in the temporary capital Aden.
In a statement to the Yemeni News Agency (Saba), Minister Al-Ashwal affirmed the keenness of the government and the Ministry of Industry and Trade to overcome all difficulties and implement a package of possible measures to avoid the accelerating collapse of the local currency, noting that the Prime Minister, Dr. Maeen Abdulmalik, held several emergency sessions to discuss the general situation and form an economic committee to study solutions to limit the continuation of the catastrophic economic and financial deterioration, and the accompanying large rise in commodity prices.
The Minister of Industry called on the merchants and the Chamber of Commerce and Industry to respond to the current data and the new price changes and to reduce the prices of commodities.
PM Reviews Work at Foreign Ministry, Chairs Meeting with Department Heads
Prime Minister Receives UNFPA Representative in Aden
President Al-Alimi Orders Urgent Aid for Families of Victims in Hairan Attack
Masam Project Removes 908 Landmines in One Week
Finance Minister, EU Ambassador Discuss Support for Government Priorities
Human Rights Orgs. Condemn Houthi Attack That Killed, Injured More Than 30 Civilians in Hajjah
Over 30 civilians killed, injured by Houthi militias attack on Iftar banquet in Hajja
Minister Mashdal Discusses Human Rights Cooperation with EU Ambassador
PLC's Member al-Khanbashi convenes meeting of Security Committee in Hadramout
Governors of Lahj, Abyan, al-Dhalea governorates swear-in before President al-Alimi