A meeting led by Council member Gen. Sultan Al-Arada and the Prime Minister approves measures to enhance central and local coordination.

A recent meeting, led by Major General Sultan Al-Aradah, a member of the Presidential Leadership Council, alongside Prime Minister Dr. Ahmed Awad bin Mubarak, addressed critical financial and monetary strategies. The discussions aimed to improve coordination between financial and monetary policies while boosting public revenue at both the central and local levels.

Formation of a Joint Committee

The meeting resulted in the establishment of a joint committee comprising members from the Ministry of Finance and the Central Bank of Yemen. This committee will develop and implement practical measures, along with proposals and recommendations for technical and financial solutions. The committee will present these findings for further discussion and necessary decision-making.

Emphasis on Institutional Integrity

Major General Al-Aradah underscored the urgent need to rectify past accumulations caused by extraordinary circumstances. He highlighted the importance of fostering a synergistic relationship between central and local governance to ensure institutional operations align with existing laws. Furthermore, he reaffirmed the Presidential Leadership Council’s commitment to supporting the Prime Minister’s initiatives aimed at enhancing transparency, accountability, and combating corruption, viewing these efforts as a national interest that impacts everyone.

Commitment to Reforms

Prime Minister Dr. Ahmed Awad bin Mubarak reiterated the government’s determination to implement financial and administrative reforms. He emphasized the necessity of promoting transparency and accountability while tackling corruption. He stated that these reforms are imperative given the current realities and that any delays or negligence in this area are unacceptable. The Prime Minister called for all stakeholders to take responsibility during this exceptional period. He also noted the positive impact of recent reforms, which have restored the confidence of Yemen’s partners, including donor countries and organizations.

Strengthening Oversight Mechanisms

The Prime Minister pointed out that the government has initiated serious, transparent, and responsible actions to address corruption through relevant oversight bodies. He directed the enhancement of financial oversight at both central and local levels and the establishment of internal audit departments.

Participants in the Meeting

The meeting included key figures such as Finance Minister Salem bin Brek, Prime Minister’s Office Director Engineer Anis Baharitha, Prime Minister Advisor Ambassador Mujib Othman, and Deputy Governors of the Central Bank of Yemen, Mansour Rajeh and Hussein Al-Dahmashi. Additional attendees included Executive Director of the Emergency Response Unit Jamal bin Ghanem and the Director of the Central Bank branch in Marib, Jamal Al-Kamel.

The meeting marks a significant step towards strengthening Yemen’s financial framework and enhancing governance. The collaborative efforts between various governmental bodies aim to foster a more transparent and accountable environment, ultimately benefiting the nation as a whole.

 

To follow the news in Arabic