Economist: The Central Bank’s recent decisions are still in effect
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Economic expert and researcher Majid Al-Daari confirmed that the recent decisions taken by the Governor of the Central Bank of Aden, Ahmed Ghaleb Al-Maqiqi, against the six violating banks are still in effect today, as he put it.
Al-Daari said in a post on his Facebook page that the decisions of the Governor of the Central Bank of Yemen, Ahmed Ghaleb Al-Maqiqi, regarding canceling the licenses of banks that rebelled against complying with his decision to move their main centers from Sanaa to Aden, are still in effect until now.
Al-Daari indicated that this comes “with the majority of the members of the Board of Directors of the Central Bank of Yemen adhering to those decisions and submitting to the Presidential Leadership Council a memorandum that includes a list of the most important warnings and catastrophic risks of any possible decline or disruption of those sovereign decisions that are crucial to the future of the central bank’s monetary authority and its powers.”
He continued: “Reaching to the legitimacy of the legitimate government itself, which will become robbed of decision-making under the authority of ballistic missiles in the event of any retreat or disruption of those decisions under any pretext or justification.”
Al-Daari explained that “two members of the Board of Directors of the Central Bank declined to sign that memorandum adhering to the decisions of Governor Al-Mu’baqi, Chairman of the Board of Directors of the Central Bank.”