The Presidency of the Southern Transitional Council held its regular meeting today, Thursday, under the chairmanship of Mr. Ali Al-Kathiri, Acting President of the Council and President of the National Assembly.
At its meeting, the Presidency responded to the continuing electricity crisis in the capital, Aden, and neighboring areas, holding the government responsible for the collapse of... The electrical system, and its rejection of the policies of procrastination, procrastination, and disavowal pursued by the government and its president in dealing with the crisis, and their inability to find radical solutions to provide sufficient fuel for the generation stations.
The Authority called on the Presidential Leadership Council and the government to assume their responsibilities, and quickly solve the problem of the Central Bank’s refusal to provide liquidity. necessary to purchase fuel shipments, and work to find radical and sustainable solutions for Aden’s electricity to ensure its continuity.

In another context, the Presidency stood before the damage caused by Hurricane Tej to the infrastructure and public and private property in the governorates of Al-Mahra, Socotra, and Hadramaut. In this regard, the Presidency saluted the efforts made by the local leadership of the Transitional Council and the local authorities in the governorates, praising the official cohesion. And the popular community in the face of the repercussions caused by the hurricane, especially in Al-Mahra Governorate.

In addition, the Presidency stood before the challenges and obstacles facing the banking sector and the continued confusion of the monetary policies pursued by the Central Bank administration in the capital, Aden, its inability to control the huge masses of cash in the market and their continuation outside the scope of the bank’s control, and the failure to oblige banks to move their main financial headquarters to The capital, Aden, this came in light of a periodic briefing submitted by the Economic and Service Authority to the Presidency, including a number of recommendations and solutions to lift the banking sector out of its current situation.
At its meeting, the Presidency had discussed a number of issues on the agenda and took action. Necessary procedures regarding it.