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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.


Minister of Foreign Affairs arrives in Cairo to participate in Aswan Forum for Peace
Vice Foreign Minister calls for supporting government to protect navigation in the Red Sea
Ambassadors of countries sponsoring political process in Yemen issued statement on meeting with the Prime Minister
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Vice Foreign Minister discusses Italian Special Envoy for Yemen strengthening bilateral relations
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PM holds meeting with Ambassadors of countries sponsoring political process in Yemen
Ministry of Finance, Central Bank discuss with Arab Monetary Fund implementation of comprehensive reforms
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