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Last Update: ،
2024/04/20
Time
12:18:12
Latest News:
Yemen participates in tea road conference in China
President: Houthi militias, its allies use 'Gaza Issue' to serve Iranian interests, agendas
Foreign Minister praises EU's supportive stances in support of Yemen
KSrelief, WFP sign cooperation pact to support malnutrition tackling program in Yemen
Al-Alimi phone calls Hadhramout governor to pursue measures regarding air depression
Latest News:
Yemen participates in tea road conference in China
President: Houthi militias, its allies use 'Gaza Issue' to serve Iranian interests, agendas
Foreign Minister praises EU's supportive stances in support of Yemen
KSrelief, WFP sign cooperation pact to support malnutrition tackling program in Yemen
Al-Alimi phone calls Hadhramout governor to pursue measures regarding air depression
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 -
Eryani: Iranian arms smuggled to Houthis now threaten international peace
Yemen participates in tea road conference in China
President: Houthi militias, its allies use 'Gaza Issue' to serve Iranian interests, agendas
Foreign Minister praises EU's supportive stances in support of Yemen
KSrelief, WFP sign cooperation pact to support malnutrition tackling program in Yemen
Al-Alimi phone calls Hadhramout governor to pursue measures regarding air depression
President al-Alimi directs doubling precautionary measures to follow up low-pressure impacts in eastern provinces
Chairman of SJC hails establishing and equipping National Center for Forensic Medicine in Aden
One person died, damages in agricultural lands, roads, electricity, water supplies in Hadramout due to heavy rainfalls
FM holds phone conversation with British Minister of State over developments in Yemen
