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Last Update: ،
2025/09/16
Time
10:48:27
Latest News:
President al-Alimi calls for collective Arab-Islamic measures to curb expansionist policies in the region
Emergency Arab-Islamic Summit Kicks Off in Doha
Leadership Council Chairman arrives in Doha to participate in Arab-Islamic Summit
Yemen Ambassador Meets Algerian Official to Boost Bilateral Ties
Report: Houthi militias blamed for some 21 thousand violations against Yemen children in 10 years
Latest News:
President al-Alimi calls for collective Arab-Islamic measures to curb expansionist policies in the region
Emergency Arab-Islamic Summit Kicks Off in Doha
Leadership Council Chairman arrives in Doha to participate in Arab-Islamic Summit
Yemen Ambassador Meets Algerian Official to Boost Bilateral Ties
Report: Houthi militias blamed for some 21 thousand violations against Yemen children in 10 years
Minister: The coming days will witness an economic breakthrough
[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.
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.
Key words:
deterioration - breakthrough - accelerating - continuation - difficulties - catastrophic - accompanying - governorates - commodities - government -
Gov.: The only way to achieve peace, stability in Yemen, region is to end Houthi coup
President al-Alimi calls for collective Arab-Islamic measures to curb expansionist policies in the region
Emergency Arab-Islamic Summit Kicks Off in Doha
Leadership Council Chairman arrives in Doha to participate in Arab-Islamic Summit
Yemen Ambassador Meets Algerian Official to Boost Bilateral Ties
Report: Houthi militias blamed for some 21 thousand violations against Yemen children in 10 years
Yemenia Airways operates its first flights to Ataq Airport in Shabwa governorate
Yemen Central Bank Holds Key Meeting to Address Liquidity Crisis and Strengthen Financial Sector
Dr. Abdullah al-Alimi confirms support of Presidential Leadership Council to CBY
FM participates in preparatory meeting of Arab-Islamic emergency summit in Doha
