Dr. Rashad Muhammad Al-Alimi, Chairman of the Presidential Leadership Council, met today, Sunday, at Ma’ashiq Palace in the capital, Aden, with the Prime Minister, Dr. Ahmed Awad bin Mubarak, the head of the economic team, Hossam Al-Sharjabi, and the deputy head of the team, Othman Al-Haddi, to discuss developments in the economic, financial and monetary conditions, and coordinated measures. With all powers to curb inflation and strengthen the position of the national currency.

The meeting heard from the Prime Minister a new briefing on the variables of the economic, financial, and monetary situation, and the proposed interventions to improve the position of the national currency, and reduce the side effects of price fluctuations on living and service conditions.

The meeting touched on the efforts required to combat smuggling in all its forms, activate laws stimulating the role of relevant agencies in sovereign ports, and enhance their presence in protecting national products and industries.

In this context, the meeting stressed a package of procedures and measures necessary to contain the general budget deficit, deter currency speculators, rationalize the import bill, control and monitor the money supply, and activate control agencies and law enforcement authorities in support of the independence of the Central Bank and its legal policies in managing the banking sector.< /p>

In the meeting, the Chairman of the Presidential Leadership Council reiterated the emphasis on accelerating the implementation of the economic rescue plan, and reducing the repercussions of the monetary division imposed by the terrorist Houthi militias supported by the Iranian regime.

He also renewed his praise for the role of our brothers in the Kingdom of Saudi Arabia, the United Arab Emirates, and the regional and international partners in supporting the government’s efforts to fulfill its imperative obligations, first and foremost paying the salaries of employees, and securing goods, basic services, and decent livelihoods for millions. Yemenis throughout the country.