[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.
Ambassador Turaiq Discusses Enhancing Cultural, Tourism Cooperation with Turkish Official
.Yemen Presidential Council Member al-Arada Launches Saba TV Channel
Tariq Saleh, EU Ambassador Discuss Developments and Stabilization Efforts
Al-Muharrami Discusses Supporting Stability, Development Efforts with French Ambassador
PM praises Germany's support for Yemen, appreciates its humanitarian assistance
Yemen joins the 5th International Mining Conference in Riyadh
Baggash deeply appreciates China's support for Yemen's unity, territorial integrity
Yemeni Ambassador, Belgian Envoy Discuss Developments in Yemen
Minister al-Bakri praises Britain's support for Yemen
Dr. Abdullah Bawazir confers with British Ambassador over developments in Yemen