The Prime Minister emphasizes the increased responsibility of the Ministry of Finance in the current circumstances.

Prime Minister Emphasizes Financial Stability Amid Current Challenges

Prime Minister Salem Saleh bin Brek stressed the critical role of the Ministry of Finance in maintaining financial stability during these challenging times. He called for the implementation of prudent policies to streamline spending, enhance revenue collection, and ensure that funds reach the public treasury. Additionally, he urged the ministry to intensify efforts in executing the economic reform plan and to realign priorities in response to emerging circumstances.

Visit to the Ministry of Finance

During his visit to the Ministry of Finance in the temporary capital, Aden, on Sunday, the Prime Minister reviewed the ministry’s operations. He acknowledged the ongoing efforts of the ministry and its revenue-generating institutions to meet essential obligations. The focus remains on developing new priorities that align with current realities and are both realistic and actionable.

Celebrating Eid al-Adha

The Prime Minister exchanged Eid al-Adha greetings with the ministry’s leadership and staff. He conveyed the best wishes of President Rashad Alimi and the members of the Presidential Leadership Council, expressing appreciation for their dedication during these exceptional circumstances. He emphasized the need for intensified efforts to overcome current challenges.

Meeting on Financial Priorities

In a subsequent meeting with the leadership of the Ministry of Finance and several affiliated institutions, the Prime Minister discussed the ministry’s priority plan for the near future. They coordinated actions with the Presidential Leadership Council to strengthen the national currency and achieve synergy between fiscal and monetary policies. This collaboration aims to control exchange rates and mitigate their severe impacts on citizens’ livelihoods.

Commitment to Economic Reforms

The Prime Minister directed the continued implementation of monetary and financial reforms. He urged the adoption of necessary measures to boost revenue, streamline spending, and promote transparency. He also emphasized the importance of accountability and combating corruption to alleviate the economic hardships faced by citizens.

Support from International Partners

Finally, the Prime Minister expressed confidence in the support from Yemen’s international partners, including donor countries and organizations. He particularly highlighted the assistance from the Saudi-led Coalition for Legitimacy and the United Arab Emirates. Their urgent intervention is crucial to strengthening the national currency and addressing its catastrophic effects on the daily lives of citizens during this extraordinary period.

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