{"id":33202,"date":"2025-07-16T08:34:54","date_gmt":"2025-07-16T05:34:54","guid":{"rendered":"https:\/\/www.mofa-ye.org\/Pages\/?p=33202"},"modified":"2025-07-17T08:35:32","modified_gmt":"2025-07-17T05:35:32","slug":"cabinet-discusses-economic-and-financial-developments-and-efforts-to-foil-houthi-plots","status":"publish","type":"post","link":"https:\/\/www.mofa-ye.org\/Pages\/33202\/","title":{"rendered":"Cabinet Discusses Economic and Financial Developments, and Efforts to Foil Houthi Plots"},"content":{"rendered":"<p>Aden-Saba<br \/>\nThe Cabinet, chaired by Prime Minister Salem Saleh bin Breik, held a regular meeting in Aden to discuss recent economic, financial, and service developments.<\/p>\n<p>Key issues addressed included the decline in the national currency&#8217;s value and its impact on commodity prices and citizens&#8217; living conditions, as well as challenges in the service sector, particularly electricity.<\/p>\n<p>The Cabinet reviewed coordinated government efforts with the Presidential Leadership Council to thwart the Houthi militia&#8217;s terrorist plots and support the defense and security institutions in completing the state\u2019s restoration and ending the coup.<\/p>\n<p>They also discussed urgent measures to limit the deterioration of the national currency&#8217;s exchange rate and regulate the banking market.<\/p>\n<p>Prime Minister bin Breik briefed the Cabinet on recent developments on various fronts, including the Houthi militia\u2019s renewed terrorist attacks on international shipping.<\/p>\n<p>He highlighted the government&#8217;s continued efforts to improve basic services despite resource shortages and reduced external support.<\/p>\n<p>The Cabinet emphasized the need for intensified oversight of resources and directing spending towards priorities that directly affect citizens&#8217; lives.<\/p>\n<p>They also reviewed proposals to be submitted to the Crisis Management Committee regarding the Houthi militia&#8217;s economic war against the Yemeni people.<\/p>\n<p>Furthermore, the Cabinet approved an agreement for a project to finance, build, and operate a household gas production unit. They were also briefed on security and military performance, efforts to enhance security and stability, and achievements in combating terrorism.<\/p>\n<p>The Cabinet stressed that the Houthi militia&#8217;s economic and financial measures are null and void and warned citizens and financial institutions against dealing with the militia&#8217;s counterfeit currency.<\/p>\n<p>They called for urgent economic and financial support from the international community to consolidate stability and prevent a comprehensive collapse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aden-Saba The Cabinet, chaired by Prime Minister Salem Saleh bin Breik, held a regular meeting in Aden to discuss recent economic, financial, and service developments. Key issues addressed included the decline in the national currency&#8217;s value and its impact on commodity prices and citizens&#8217; living conditions, as well as challenges in the service sector, particularly &hellip;<\/p>\n","protected":false},"author":8,"featured_media":33183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[74,72],"tags":[],"class_list":["post-33202","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-yemen-news-2"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.mofa-ye.org\/Pages\/wp-content\/uploads\/2025\/07\/175268213456769839.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/posts\/33202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/comments?post=33202"}],"version-history":[{"count":1,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/posts\/33202\/revisions"}],"predecessor-version":[{"id":33203,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/posts\/33202\/revisions\/33203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/media\/33183"}],"wp:attachment":[{"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/media?parent=33202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/categories?post=33202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mofa-ye.org\/Pages\/wp-json\/wp\/v2\/tags?post=33202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}