Today, in the capital, Aden, Prime Minister Dr. Maeen Abdulmalik chaired a meeting of the leadership of the Ministry of Finance, to discuss the situation of public finances, the challenges it faces, and the treatments implemented to strengthen government measures to improve resources, implement reforms, and limit the ongoing repercussions of the Houthi terrorist attacks on oil installations. And its threats to navigation and international trade lines.

The meeting reviewed the report submitted by the Minister of Finance, Salem Bin Brik, on the state of public finances and the challenges it faces, especially the cessation of the export of crude oil as a result of the Houthi terrorist militia’s attacks and the resulting economic crisis and decline in the level of revenues.

The meeting discussed the Ministry of Finance’s vision regarding public financial management and its institutional plans for the coming year 2024, in addition to the progress of salary disbursement mechanisms within the framework of vital reforms implemented by the Ministry.

The Prime Minister directed all ministries and government agencies to provide the Ministry of Finance with the required data and the importance of completing the disbursement process in record time.

Dr. Moeen Abdul Malik praised the efforts of the Ministry of Finance, and stressed the need for coordination and integration with ministries and public units to implement reforms within a general and comprehensive framework.

The Prime Minister stressed the continuation of strengthening coordination between monetary and financial policies to preserve the value of the national currency, enhance state resources, and control and rationalize public spending.