The Yemeni government has urged the international community to provide support to rebuild the country's housing sector, which has been severely damaged by the ongoing conflict.
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U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
CBY Governor discusses with money-changers promoting exchanging work
[30/12/2021 05:20]
ADEN-SABA
Governor the Central Bank of Yemen Ahmad Ghaleb discussed Thursday with representatives of Money-Changers Association and establishers of the Unified Funds Company plans of the bank to promote money-exchanging work and realizing stability with the help of brothers and friends.
The meeting confirmed significance of plans of promoting exchange work, which will be enhanced by deep reshuffling reforms to be implemented by the government in different fields, especially in economic, financial fields and institutional building aiming at boosting resources, limiting public expenditure and combating corruption to realize financial sustainability.
Ghaleb praised the role of the association to promote the banking work and providing services to citizens in different areas, as well as excluding remittances network from speculators and illegal exchangers.
He hoped that the establishers of the unified funds company will speed up activating works of the network and linking it to the Central Bank for the importance of the work governance and implementing systems of money laundering and financing terrorism.