September Net

President Dr. Rashad al-Alimi held a meeting today with Prime Minister Dr. Ma’een Abdulmalik, Governor of the Central Bank Ahmed Ghalib, and Finance Minister Salim bin Bureik.

The main objective of the meeting was to explore the government’s approach towards current economic difficulties, with a focus on improving financial stability, augmenting public revenues, and implementing comprehensive reforms.

The officials briefed on the economic situation, impacts of Houthi terrorists’ attacks on oil facilities and shipping lines, and subsequent government measures, praising the assistance from Saudi Arabia and UAE in supporting the economy, the budget, and maintaining the national currency.

President al-Alimi appreciated government’s and Central Bank’s efforts to maintain monetary, financial and service stability and ensure continued payment of salaries.

He also recognized international support in addressing the economic challenges.

The President urged the government to enhance efforts to offer basic services and alleviate the humanitarian distress aggravated by Houthi terrorists.