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Last Update: ،
2025/11/11
Time
05:11:24
Latest News:
Chief of Staff discusses cooperation, coordination with partners
Minister al-Socotri Discusses with World Bank Delegation Implementation Development Projects
Minister of Defense discusses joint cooperation with British Military Attaché
President al-Alimi receives UK ambassador
Water Crisis Takes Center Stage: Deputy Minister Meets World Bank Officials
Latest News:
Chief of Staff discusses cooperation, coordination with partners
Minister al-Socotri Discusses with World Bank Delegation Implementation Development Projects
Minister of Defense discusses joint cooperation with British Military Attaché
President al-Alimi receives UK ambassador
Water Crisis Takes Center Stage: Deputy Minister Meets World Bank Officials
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 -
MASAM removes 1044 Houthis- laid landmines in a week
Chief of Staff discusses cooperation, coordination with partners
Minister al-Socotri Discusses with World Bank Delegation Implementation Development Projects
Minister of Defense discusses joint cooperation with British Military Attaché
President al-Alimi receives UK ambassador
Water Crisis Takes Center Stage: Deputy Minister Meets World Bank Officials
Health Minister Discusses Donor Summit Preparations and Nutrition Crisis with UNICEF
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Chair of Supreme Judicial Council meets with President of UAE Federal Supreme Court
Four Civilians Maimed in Houthi Landmine Blast West of Taiz
