PM: Gov't pays USD 60 million for oil derivatives a month

Yemen affirms full solidarity with Kuwait against any threat to its security, stability

The Ministry of Foreign Affairs and Expatriates expressed its strong condemnation and denunciation of the terrorist sabotage plot that the Ministry of Interior of the State of Kuwait announced it had foiled yesterday, Monday.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Italian Industrial production falls 0.6 percent

Industrial production in Italy experienced an unexpected decline of 0.6 percent in January compared to December, according to seasonally and calendar-adjusted figures.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/17 Time 06:42:10
Latest News:

Yemen affirms full solidarity with Kuwait against any threat to its security, stability

Yemen Says Houthi Militia Poses Direct Threat to Regional Peace, Condemns Attacks on Gulf Infrastructure

Aden Governor Discusses Improving Postal Services

Minister al-Kaf Discusses Strengthening Energy Cooperation with British Ambassador

Al-Khanbash: Efforts need to be joined to help IDPs

PM: Gov't pays USD 60 million for oil derivatives a month

[27/07/2017 02:52]

ADEN-SABA
Yemen's Prime Minister said his government pays USD 60 million a month to purchase oil derivatives as a fuel for the power generation plants.

Chairing the Cabinet's regular meeting in the temporary capital city, Aden, on Thursday, the premier. Dr. Ahmed bin-Daghr, said the amounts are paid in US dollars to save the stability of the local currency, which maintained a stable exchange rate in spite of the country's hard circumstances and the almost total lack of hard currency.

The premier affirmed the importance of constructive institutional work, saying that serves thestate and citizens, in the first place.

He also stressed the needto afford subsidy for oil products for the use in power generation plants and for military and security use and to set a certain mechanism for avoiding oil products crisis.

The Cabinet approved a proposal from the Oil Minister Eng. SayfAshareef on mutual settling of accounts between the Aden Oil Refinery and the finance and oil ministries.

Discussing the army recapture of Khaled strategic camp in coastal Taiz, announced to have been achieved yesterday, the premier hailed it as a major gain expressing gratitude to the military and paramilitary warriors backed by the Arab coalition.

The premier offered condolences to the relatives of the soldiers fallen in the battles that ended up in accomplishing that mission.

The liberation of Khaled camp will open the door for several victories, he said. The premier expressed gratitude to the United Arab Emirates for its support to Yemen in various fields including the granting of buses to public transportation companies and government institutions in Yemen.

The granted UAE buses led to a significant improvement in the service of commuting and transportation between Aden and other Yemeni provinces, said the premier.

Futurely, new bus grants will improve the service of transportation with the rest provinces of the country.

Senior military officials briefed the Cabinet on the military advances on different warfronts against the Saleh-Houthi coup militias.