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Yemeni Government Kickstarts 2023 with Measures to Protect the Economy, Stabilize the Currency

The Yemeni Supreme Economic Council holds a meeting in Aden (Saba News Agency)
The Yemeni Supreme Economic Council holds a meeting in Aden (Saba News Agency)
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Yemeni Government Kickstarts 2023 with Measures to Protect the Economy, Stabilize the Currency

The Yemeni Supreme Economic Council holds a meeting in Aden (Saba News Agency)
The Yemeni Supreme Economic Council holds a meeting in Aden (Saba News Agency)

The internationally recognized Yemeni government has launched 2023 by taking measures to protect the economy and stabilize the local currency, according to official sources.

Government measures included an emphasis on rationalizing spending and sticking to inevitable expenses.

Moreover, the Presidential Leadership Council (PLC) underlined the need for strengthening unity, discussing efforts to end the coup waged by Houthi militias and restore state institutions.

According to Saba News Agency, PLC head Rashad al-Alimi led a closed meeting for the ruling body on Wednesday.

All members of the PLC contributed to the discussions. While Sultan al-Errada, Abdurrahman al-Mahrami, Abdullah al-Alimi, and Othman Mujalli were present in person, Aidarous Azaibaid, Tariq Saleh and Faraj al-Bahssani contributed to the meeting via video conference.

The session was devoted to discussing the latest developments in the national arena, action-plans and practical policies to alleviate the citizens’ suffering, in addition to bolstering national alignment and efforts to restore the state’s institutions and end the Iranian-backed terrorist Houthi militias.

With fears growing over Houthi attacks continuing to obstruct oil exports, the government approved a set of measures to mitigate damage, improve resources, and stabilize the price of the local currency.

The Supreme Economic Council, headed by Prime Minister Maeen Abdel-Malik, also approved a package of measures that promote and improve living conditions for Yemeni citizens and alleviates their suffering.

The Council, in its meeting in the interim capital, Aden, reviewed the proposals submitted by the Finance Minister Salem Saleh Bin Braik and Central Bank Governor Ahmed Ghaleb.

Rationalizing spending, raising revenues in line with the new changes, and dealing with the repercussions of Houthi terrorist attacks targeting crude oil export ports were among the proposals presented by Braik and Ghaleb.

Not only do Houthi attacks impact humanitarian conditions in Yemen, but they also affect energy supplies and international freedom of navigation.

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Humanitarian Corridors and Pauses Needed in Sudan, US Envoy Says

The US special envoy for Sudan, Tom Perriello, attends a press briefing on the sidelines of Sudan peace talks at the US Mission in Geneva, Switzerland, August 23, 2024. (Reuters)
The US special envoy for Sudan, Tom Perriello, attends a press briefing on the sidelines of Sudan peace talks at the US Mission in Geneva, Switzerland, August 23, 2024. (Reuters)
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Humanitarian Corridors and Pauses Needed in Sudan, US Envoy Says

The US special envoy for Sudan, Tom Perriello, attends a press briefing on the sidelines of Sudan peace talks at the US Mission in Geneva, Switzerland, August 23, 2024. (Reuters)
The US special envoy for Sudan, Tom Perriello, attends a press briefing on the sidelines of Sudan peace talks at the US Mission in Geneva, Switzerland, August 23, 2024. (Reuters)

More and faster aid deliveries are needed in Sudan, the US special envoy to the war-weary country told Reuters, ideally through the implementation of humanitarian corridors and pauses as discussed with government leaders in a visit on Sunday.

"We are pleased that there has been some progress, but we need to see much more," Tom Perriello said in an interview, following the approval of flights to hunger-striken South Kordofan and the extension of permission to use the Adre border crossing into Darfur by the Sudanese army.

The army and the paramilitary Rapid Support Forces have been locked in a 19-month conflict that has caused acute hunger and disease across the country. Both sides are accused of impeding aid deliveries, the RSF by looting and the army by bureaucratic delays.

Proposals including humanitarian corridors and pauses were shared with Sudanese sovereign council head Abdel Fattah al-Burhan and others on a trip to Port Sudan on Monday and progress was made, Perriello said.

In October, the sovereign council approved flights into Kadugli to provide assistance to rebel-held regions of South Kordofan state, where people have gone hungry without aid deliveries, through an agreement with the South Sudanese government.

"I think if we can see that same attitude on the ability to get corridors into places like Khartoum, Omdurman, El-Gezira, al-Fasher, Sennar I think we could get a lot of life-saving aid to some of the most desperate Sudanese," he said.

In a speech on Tuesday, however, Burhan cast doubt on the speed of progress.

"Our vision is clear to all those who want to help us. The war must stop first and the rebels must leave the areas they have occupied," he said.

"Once civilian life is back, relief can return and be available to all Sudanese," he added.

US-led efforts to bring the army and RSF to the negotiating table have not succeeded so far.

"We do remain in active lines of communication with RSF leadership on the negotiations around both humanitarian access and peace," Perriello said.