Yemen Monitor / Newsroom:
The Yemeni government and the Central Bank submitted to the Presidential Leadership Council a preliminary report on the implementation process of the comprehensive economic reform priorities plan and the strengthening of the state’s financial revenues.
During a meeting with Prime Minister Salem bin Buraik and Central Bank Governor Ahmed Al-Maabqi, Presidential Leadership Council Chairman Dr. Rashad Al-Alimi stressed the need for strict implementation of the economic reform plan, affirming that these measures constitute a fundamental pillar for restoring financial and sovereign discipline and ensuring fair distribution of resources across all governorates.
Al-Alimi listened to an initial report from the Prime Minister on the level of implementation of the approved reform matrix and the government’s efforts to unify the revenue base, improve the collection process, and deposit resources into the general account at the Central Bank.
The Central Bank Governor also presented financial and monetary indicators, as well as the bank’s plans to control the foreign exchange market, stabilize the national currency, monitor the performance of branches in the governorates, and regulate cash transactions to strengthen confidence in the banking sector and uphold the principles of transparency and compliance with international standards.
The Chairman of the Presidential Leadership Council directed the swift implementation of recommendations related to monitoring seaports and ensuring that all commercial and customs operations are subject to the competent authorities within the state’s financial system.
