The Chairman of the Leadership Council meets with the Crisis Management Committee to discuss the economic situation and terrorism classification requirements.

On Wednesday, President Dr. Rashad Mohammed Alimi, head of the Presidential Leadership Council, convened with the Economic and Humanitarian Crisis Management Committee. The meeting, led by Prime Minister Dr. Ahmed Awad bin Mubarak, focused on the latest developments in the economic, monetary, and banking sectors. The discussions also addressed the recent U.S. executive order designating the Houthi militias as a foreign terrorist organization.

Updates on Economic Conditions

During the meeting, President Alimi received briefings from key officials, including Prime Minister Dr. Ahmed Awad bin Mubarak, Central Bank Governor Ahmed Ghaleb Al-Maabqi, Foreign Minister Dr. Shaea Al-Zandani, and Economic Team Leader Hossam Al-Sharjabi. They provided insights into the current economic and living conditions, emphasizing the government’s ongoing efforts to meet its essential obligations, particularly during the holy month of Ramadan.

Financial and Monetary Indicators

The briefings included an overview of current financial and monetary indicators. Officials discussed the efficiency of institutions in enhancing the government’s access to public resources. They also highlighted the importance of ensuring the sustainability of basic services across various provinces.

Government Response to Houthi Designation

The meeting concentrated on the government’s strategies in response to the U.S. designation of the Houthi militias as a foreign terrorist organization. Officials reviewed the exemptions and licenses approved to ensure the continued flow of humanitarian aid. They also considered the potential humanitarian repercussions of the decision, which took effect on Tuesday.

Commitment to International Cooperation

The meeting reaffirmed the government’s commitment to closely collaborate with the international community. This partnership aims to mitigate the impact of the designation on citizens, institutions, and national facilities, particularly within the banking sector. The government remains dedicated to protecting the interests of its people while navigating these challenging circumstances.

 

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