PM emphasizes strict enforcement of Financial Law

Prime Minister arrives in United Arab Emirates on official visit

Prime Minister Salem Saleh bin Braik arrived Wednesday in the Emirati capital Abu Dhabi on an official visit in response to an invitation from the leadership of the sisterly United Arab Emirates.

Israeli Aggression in Gaza leaves 66,005 People Martyred and 168,162 Others Injured

The Israeli occupation's assault on Gaza since October 7, 2023 has claimed a devastating toll of 66,005 lives and 168,162 injuries.

Total of Korean companies grows in 2024 despite industrial companies decline

Data from the Korean Statistical Office showed that the figure of companies in Korea increased by about 2 percent in 2024 compared to the previous year, but the number of industrial companies decreased by more than 6 percent amid an economic slowdown.

Bulgaria Welcomes Home Silver Medalists from FIVB Men's Volleyball World Championship

Bulgaria prepares to honor its men's national volleyball team upon their return from the FIVB Men's Volleyball World Championship, where they secured a historic silver medal finish.

Last Update: ، 2025/10/02 Time 02:38:41
Latest News:

Minister of Interior discusses with British Ambassador enhancing cooperation in security field

Russian President Vladimir Putin Appoints New Ambassador to Yemen

Presidential Council Member Meets US Ambassador to Yemen

Basuhaib discusses with UNICEF, international partners interventions to combat malnutrition

Agriculture Ministry Deputies and French Ambassador Discuss Support for Agriculture and Fisheries Sectors

PM emphasizes strict enforcement of Financial Law

[08/10/2017 03:54]

ADEN-SABA
Prime Minister Ahmed bin-Daghr has emphasized the imperative of strict enforcement of the provisions of the Financial Law concerning revenues and expenditures.

In a meeting with the acting governor of the Central Bank of Yemen (CBY) Ahmed Hussein in Aden on Sunday, bin-Daghr underlined the importance of boosting the function of the CBY by cooperation with the Finance Ministry in mobilizing local resources and rationing public spending, to reduce the state budget deficit.

They discussed the level of enforcement of the state budget for the period September 2016 to September 2017.

Bin-Daghr hailed the vital role of the CBY in maintaining liquidity in delicate circumstances like the current.

The acting governor gave bin-Daghr an overview on the status of the Rial in the exchange rate saying violators of the CBY law and rules who tamper with the Rial rate should be subject to the necessary penal measures.