PM visits Central Bank, inspects work to control currency exchange rate

Yemen looks for robust Chinese partnership in Transport—Minister insists

Minister of Transport Dr. Abdel Salam Humayd asserted that the Yemeni government is eagerly seeking to establish a strategic Yemeni-Chinese cooperation and partnership in the transport businesses.

BRUSSELS: European Parliament Urges Lifting Schengen Land Border Controls for Bulgaria, Romania

The European Parliament (EP) on Wednesday called for lifting Schengen land border controls for Bulgaria and Romania by the end of 2024. Air and sea border controls were scrapped on March 31, 2024.

Chinese car sales surges 26.4 percent in the first quarter of 2024

Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2024/04/25 Time 09:42:10
Latest News:

Defense Minister meets with Acting-Chinese Ambassador in Aden

Tarmoum, Chinese Chargé d'Affaires promoting cooperation in the telecom sector

Two children injured by Houthi landmine in southeastern Yemen's Shabwa

Cabinet looks at various issues on its agenda

Al-Bahsani inspects combat preparedness of military units in Hadhramaut coast

PM visits Central Bank, inspects work to control currency exchange rate

[21/06/2022 07:00]

Aden - Saba
Prime Minister Dr. Maeen Abdul-Malik visited the headquarters of the Central Bank of Yemen in the temporary capital, Aden, to review the progress of work and the bank’s plans and programs to control the stability of the exchange rate of the national currency in the context of promoting integration between fiscal and monetary policy.

The Prime Minister was briefed on the progress of the reform programs in the Central Bank supported by the US Agency for Development and the World Bank, in the field of capacity building, strengthening institutional building, and developing regulations and systems regulating the work of the Bank, the banking sector and money exchange companies in accordance with the legislation in force.

Dr. Abdul-Malik was briefed by the leadership of the Central Bank to on the plans and programs of the bank in using and employing the support provided to the Central Bank by the brothers in the Kingdom of Saudi Arabia and the United Arab Emirates, which helps to achieve stability in the currency exchange rate and control inflation rates, according to the best applications.