Yemen Monitor / Newsroom/ Aden / Exclusive:
Yemeni Prime Minister Salem Bin Breik on Wednesday affirmed that the government will not back down from its financial and economic reforms, emphasizing that they are “practical steps, not slogans.”
Speaking at a Cabinet meeting, Bin Breik highlighted that improving citizens’ livelihoods remains a top government priority. He noted that the national currency has begun to recover thanks to the government’s significant efforts and stressed that ordinary Yemenis should feel this improvement in their daily lives.
The prime minister also addressed the private sector and traders directly, urging them to help translate currency stability into fair prices and a balanced market. He added that the government is committed to providing a transparent and stable environment for private sector operations.
In recent weeks, the Central Bank of Yemen implemented financial measures that contributed to the currency’s recovery. As part of these efforts, more than 73 exchange companies and institutions under government control had their licenses suspended, while the Ministry of Industry and Trade froze nearly 9,000 commercial and agency licenses.
