President al-Alimi holds meeting with PM, Governor of CBY, ministers charged with economy, foreign affairs

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) along with the PLC’s member Abdul Rahman al-Mahrami convened session today, Wednesday, included Prime Minister Dr. Ahmed bin Mubarak, Governor of the Central Bank of Yemen (CBY) Ahmed Ghalib, Ministers of Foreign Affairs Dr. Shaea al-Zandani and Finance Salem bin Braik and the Head of the Economic Team Hussam al-Sharjabi contributed via the video conference technology.

The meeting intended to review the indicators of the economic and institutional performance over the previous period, the approved spending plan to deliver on the government’s obligations, including regular salary pay for the government’s employees, improve basic services, first of all is electricity, priority is given to provide necessary fuels to operate electricity generate stations in the temporary capital Aden and other government-held governorates.

The PM, Governor of the CBY and Ministers of Foreign Affairs and Finance reported about the economic status and the required measures need to be taken to improve the government’s ability to access to its sovereign resources.

The concerned officials also reported about the financial and monetary position and the coordinated policies between the different concerned authorities to mitigate the repercussions of the Houthi terrorist attacks on oil facilities, international shipping lanes and the militias’ destructive measures against the banking sector and its catastrophic impacts that will further worsen the already dire humanitarian crisis at different levels.

The Chairman and member of the PLC stressed that it is very important for the government to double down the efforts to deliver on the state’s obligations and go on the comprehensive reforms and boost the role of the CBY and the two Ministries of Foreign Affairs and Finance in mobilizing the regional and international support.