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.
User Name: Password:
FM: Messing up with national currency won't be tolerated 2020
[01/01/2020 06:49]

ADEN-SABA
Prime Minister Dr. Ma'een Abdulmalik has made it clear that any reckless endeavors aiming to damage the national currency will never be tolerated by the government." Per President Hadi's directives the government is authorized to take every necessary measure to maintain the national currency. Any attempt may aim to mess up with the national currency won't be tolerated", said Ma'een.

His statement came as he presided over a meeting of the board of directors of the Central Bank of Yemen (CBY) held Wednesday in the interim capital Aden.

The session devoted to discuss the CBY's action-plan of 2020 that is designed to redress irregularities of the institutional structure, keep on building up monetary reserves and maintain the value of the national currency.

The discussions touched upon several precaution measures aiming to maintain the exchange rate of the national currency, provide liquidity, revive the cycle of monetary and secure salaries regular pay.

The Prime Minister warned of the dangerous consequences of the Houthi rebel militia's illegal measures to ban dealing with newly issued national currency banknotes. He said "Such illegal and irresponsible measures will make it difficult to pay tens of thousands of pensioners and government's employees in the militia controlled regions".

Ma'een called on the UN, WB, IMF and International Community (IC) to bear their responsibility toward the Houthi militia's irresponsible and destructive measures.


Prime Minister arrives in United Arab Emirates on official visit
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
Foreign Minister call for international move against Houthi threats
Foreign Ministry welcomes opening Republic of India's representative office in Aden
Planning Minister highlights gov't's achievements in economic reforms, recovery plan
Chairman of Customs Authority discusses with Representative of ILO joint coordination

About Saba News Agency | Usage Agreement | Contact Us