ADEN, May 25 (NNN-YPA) – The Yemeni government said yesterday that, it is facing financial difficulties, following a drop in public revenues, caused by Houthi attacks on oil export ports.<\/p>\n\n\n\n
Prime Minister, Maeen Abdulmalik, said at a cabinet meeting, in the southern port city of Aden that, Houthi-launched attacks have caused losses estimated at one billion U.S. dollars, according to a statement reported by state-run Saba news agency.<\/p>\n\n\n\n
He emphasised the financial difficulties the government is currently grappling with, in fulfilling its responsibilities, including improving public services and paying salaries across the country.<\/p>\n\n\n\n
To address the challenges, the prime minister established a committee, comprising six ministries and the Central Bank, which will oversee the implementation of an extensive economic, financial, and monetary reform programme.<\/p>\n\n\n\n
Meanwhile, Abdullah Al-Saadi, Yemen’s permanent representative to the United Nations, stressed the need to pressure the Houthis to stop targeting vital facilities and infrastructure. <\/p>\n\n\n\n
Al-Saadi said, “The violations of the Houthis threaten the peace process and cause economic harm to all Yemenis.”<\/p>\n\n\n\n
He called for support in enabling the Yemeni government to resume oil exports, to meet urgent financial obligations and address citizens’ needs.<\/p>\n\n\n\n
Over the past few months, the Houthi militia in Yemen conducted drone strikes on government-controlled oil ports in Hadramout and Shabwa provinces.<\/p>\n\n\n\n
These repeated assaults resulted in the suspension of oil exports, which serve as a vital source of income for the impoverished Arab nation’s government.<\/p>\n\n\n\n
The Houthis have consistently stated that, their objective in targeting these ports is to thwart the exploitation of Yemen’s “sovereign wealth.”– NNN-YPA <\/p>\n\n\n\n
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ADEN, May 25 (NNN-YPA) – The Yemeni government said yesterday that, it is facing financial difficulties, following a drop in public revenues, caused by Houthi attacks on oil export ports. Prime Minister, Maeen Abdulmalik, said at a cabinet meeting, in the southern port city of Aden that, Houthi-launched attacks have caused losses estimated at one […]<\/p>\n","protected":false},"author":10,"featured_media":222225,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[300,286,217,194],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/222220"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=222220"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/222220\/revisions"}],"predecessor-version":[{"id":222223,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/222220\/revisions\/222223"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/222225"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=222220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=222220"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=222220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}