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Yemeni PM Asserts Efforts to Fight Corruption, Implement Reforms

Yemeni PM Asserts Efforts to Fight Corruption, Implement Reforms

Sunday, 16 January, 2022 - 10:30
Yemeni Prime Minister Maeen Abdulmalik during the meeting with Central Bank of Yemen (CBY) and Finance Ministry officials (Saba News Agency)

Yemeni Prime Minister Maeen Abdulmalik said the government is determined to continue fighting corruption and implement more economic reforms.

Official sources stated that Abdulmalik chaired a meeting in the interim capital Aden with the leaderships of the Central Bank of Yemen (CBY) and Finance Ministry to discuss economic and living conditions.

State-owned Saba agency reported that the meeting was attended by Finance Minister Salim bin Bureik and CBY Governor Ahmed Ghalib. The officials examined the level of implementation of financial and monetary reforms.

The meeting also addressed enhancing transparency, governance, and the subsequent measures in light of the government's policies to achieve economic stability.

It also discussed the coordination between fiscal and monetary policy and aspects of integration to control the exchange rates, increase public revenues, urgently address deficiencies in administrative aspects, combat corruption, and enhance integrity.

The officials reviewed the agreement between the CYB and the Ministry and the measures in coordination between the two entities to tackle some irregularities.

The PM stressed the necessity of uniting all efforts to overcome the difficulties resulting from the exceptional conditions. He also thanked the Coalition to Support Legitimacy led by Saudi Arabia and the UAE for their generous and continuous support for Yemen and its people.

Abdulmalik asserted that the government's reform plan in the economic, financial, and administrative field should be implemented without any delay, lauding the outstanding efforts of the Finance Ministry and the CYB leaderships.

He indicated that the noticeable improvement in the exchange rate came from the reforms, asserting that it will be reinforced shortly by additional measures and support from Yemen's partners and friends.

Abdulmalik promised the situation would witness a significant breakthrough soon, asserting the importance of an "economic battle."

"We will achieve a victory in our economic battle similar to the military victories achieved in Shabwa, Marib, and the rest of the battlefronts against Iran's bloody project in Yemen through its proxies, the Houthi militia."

The Finance Minister presented a report about the Ministry's plan to improve taxes and customs revenues, fight taxes evasion, and boost oil proceeds.

CYB governor provided a report about the fiscal year 2021, and the measures taken in coordination with the government and the Finance Ministry to tackle some irregularities.

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