Vice President of Political Council Reviews Economic Solutions

Local Editor

The vice-President of the Supreme Political Council, Dr. Kasim Labuza, held a meeting with the leadership of the General Authority for the Post and Postal Savings and representatives of the Central Bank of Yemen.

The meeting reviewed a number of solutions, alternatives and executive procedures aiming at providing monetary liquidity to banks and stimulate trade moving and financial cycle.

Labuza stressed on the importance of creating a complementary relation between the state and private business houses to facilitate the suffering of the state employees and citizens due to the siege imposed by the Saudi-led coalition.

He called on speeding the process of finding the appropriate solutions that help to complete paying the state employees’ salaries.

Saudi Arabia began its deadly campaign against Yemen in late March 2015. The strikes were meant to undermine the Houthi Ansarullah movement and restore power to fugitive former president Abd Rabbu Mansour Hadi.

About 10,000 people have been killed and over 16,000 injured since Riyadh launched the airstrikes. The Saudi aggression has also taken a heavy toll on Yemen’s facilities and infrastructure.

Source: News Agencies, Edited by Website Team

 

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