EconomyNews

Hadramout Announces Support for “Presidential” Reforms and Decides to Adopt Al-Shihr Port as an Official Customs Outlet

Yemen Monitor / Newsroom:

The local authority in Hadramout Governorate announced its support for the comprehensive economic reforms priority plan issued by Presidential Leadership Council Resolution No. (11) of 2025.

During an extraordinary meeting chaired by the Governor of Hadramout, Mabkhout Mubarak Bin Madi, today, Thursday, for the Governorate’s Executive Office (Coast and Valley) in Tarim District, the local authority demanded that the government fulfill its actual monthly obligations borne by the local authority, including contracts in various sectors.

The Hadramout Executive Office decided to approve the government’s adoption of the Al-Shihr Port as an official customs outlet, with the local authority committing to depositing all its central revenues into the Public Account.

The Executive Office demanded a review of the decision to stop the “Petromasila” company from supplying the Electricity Corporation (Coast and Valley) with subsidized diesel fuel, warning of the crisis the decision has caused in the electricity generation sector.

The Office approved the formation of a committee comprising financial, administrative, and technical leaders in the governorate to prepare the general budget for the year 2026, provided that it includes the governorate’s development share and all actual obligations to ensure their inclusion in the state’s general budget.

The meeting also reviewed two reports on the security situation in the Coast and Valley, and the efforts made to protect citizens and combat crime.

The Presidential Resolution on the economic reforms plan had previously approved the suspension of operations at Al-Shihr Port, and obligated local authorities to deposit revenues with the Central Bank in Aden and not to interfere with customs outlets.

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