Yemen Cabinet Holds Urgent Meeting to Discuss Economic Rescue Plan

Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)
Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)
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Yemen Cabinet Holds Urgent Meeting to Discuss Economic Rescue Plan

Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)
Yemeni Cabinet meeting in Aden, Yemen (Saba News Agency)

The Yemeni government met in the interim capital, Aden, on Thursday, with Prime Minister Ahmed Awad Bin Mubarak presiding to review an economic rescue plan focused on government reforms, ending the Houthi coup, and restoring state control.
Yemen’s economy faces a deep crisis, with falling revenues and a halt in oil exports after Houthi attacks on export ports and stalled peace efforts amid increased Houthi activity regionally and at sea.
In Thursday’s meeting, Yemen’s Cabinet discussed urgent economic issues, including currency instability and electricity shortages, and reviewed a draft economic rescue plan aligned with government reforms.
The government aims to finalize the plan, which focuses on restoring state control, ending the Houthi coup, achieving peace, fighting corruption, and improving transparency. The plan also seeks to boost the economy and make better use of foreign aid.
A ministerial committee, led by the finance minister and including other key officials, was formed to refine the plan. The committee will review suggestions and present a revised version in two weeks for further discussion.
State media reported that the Cabinet instructed the ministerial committee to align the rescue plan with the government's reform agenda and economic recovery strategy. The committee will set priorities, review progress, and develop a unified economic document to guide urgent government actions.
Yemen’s Cabinet emphasized the need to realistically assess challenges and tackle them through joint efforts with the Presidential Leadership Council.
The discussion focused on ensuring the rescue plan addresses the economic crisis’s root causes—worsened by Houthi attacks on oil facilities and shipping routes—and on defining the support needed from international donors.
The meeting also reviewed implemented and ongoing policies, noting obstacles and suggesting solutions to overcome them.
Moreover, Yemen’s Cabinet reviewed reports on fuel shortages affecting Aden’s power stations and discussed urgent steps to stabilize electricity and ensure water supplies.
State media said officials stressed the need for emergency fuel and additional supplies to keep services stable.



Gunman Shot Dead, 3 Police Injured in Shooting near Israeli Embassy in Jordan

Image of the Israeli embassy building in Amman. (Archive)
Image of the Israeli embassy building in Amman. (Archive)
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Gunman Shot Dead, 3 Police Injured in Shooting near Israeli Embassy in Jordan

Image of the Israeli embassy building in Amman. (Archive)
Image of the Israeli embassy building in Amman. (Archive)

A gunman was dead and three policemen injured after a shooting near the Israeli embassy in neighboring Jordan, a security source and state media said on Sunday.
Police shot a gunman who had fired at a police patrol in the Rabiah neighborhood of Amman, state news agency Petra reported, citing public security, adding investigations were ongoing.
Jordan's government communications minister, Mohamed Momani, described the shooting as a terror attack that targeted public security forces in the country. He said in a statement that investigations into the attack were under way.
Jordanian police had earlier cordoned off an area near the heavily policed embassy after gunshots were heard, witnesses said. Two witnesses said police and ambulances rushed to the Rabiah neighborhood, where the embassy is located.
The area is a flashpoint for frequent demonstrations against Israel. The kingdom has witnessed some of the biggest peaceful rallies across the region as anti-Israel sentiment runs high over the war in Gaza.
Police had called on residents to stay in their homes as security personnel searched for the culprits, a security source said.