Council member Al-Zubaidi reviews Central Bank measures to regulate the financial and banking sector.

Meeting Focuses on Financial Stability in Yemen

ADEN, Yemen – Today, Major General Aidarus al-Zubaidi, a member of the Presidential Leadership Council, met with Central Bank Governor Ahmed Ghaleb in Aden. The discussion centered on ongoing measures to stabilize the financial sector, maintain market stability, and halt the decline of the local currency.

Key Initiatives for Economic Support

During the meeting, both leaders reviewed the Central Bank’s efforts in several critical areas. These include financing imports, disbursing salaries, and securing fuel for electricity. Additionally, they discussed plans to relocate commercial and Islamic banks to Aden and implement anti-money laundering standards.

Addressing Currency Challenges

The conversation also addressed the repercussions of the Houthi’s illegal currency printing. Al-Zubaidi expressed his full support for the Central Bank, emphasizing the need for coordinated efforts to protect the economy and alleviate the hardships faced by citizens.

This meeting underscores the commitment of Yemen’s leadership to restore financial stability and enhance the economic well-being of its people.

For more updates, visit Yemen TV.

To follow the news in Arabic