A strict decision by the Yemeni government regarding all internal transactions in foreign currencies

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Today, Saturday, the legitimate Yemeni government issued from the temporary capital, Aden (south of the country), a strict decision regarding financial transactions in foreign currency in the areas under its control.
The meeting of the Government of Political Competencies, chaired by Prime Minister Dr. Maeen Abdul-Malik, approved the illegality of any contracts or internal transactions in foreign currency, and that internal dealings were limited to the national currency, including real estate rentals and others.

This came during a meeting of the government, at its headquarters in the temporary capital, Aden, to stand before a number of issues and developments on the national arena in the political, military, security, economic and service aspects, according to the government’s “Saba” agency.
The Council of Ministers discussed the urgent and necessary measures to provide oil derivatives to citizens in various regions, at fair prices and without any supply bottlenecks.
The Council also obligated the Ministry of Industry and Trade and the relevant authorities to intensify control over the prices of goods and prevent their manipulation, and to coordinate with the Chambers of Commerce and Industry in this regard to ensure consumer protection from any extortion or unjustified rises.
The Council affirmed support for the measures of the Central Bank of Yemen to monitor the exchange market, activate the banking supervision sector, and combat money laundering and terrorist financing.



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