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FinancialNews


  • 08-04-19

    Yemeni PM calls for currency stability, economic revival

    (MENAFN) Yemen's currency stability and economic recovery ought to be achieved, affirmed Yemeni Prime Minister Moin Abdul Malik while urging for further efforts on the matter.

    "Everyone should work to find viable solutions, and create the conditions for fair competition among all traders, as competition is the basis for maintaining prices," the Yemeni prime minister stressed.

    Shaping and stabilizing commodity prices, the prime ministry noted, could see an optimistic effect from commodity prices and currency exchange.

    Abdul Malik added "the government is receptive to the proposals of documentary credits for open commodities through the Central Bank of Yemen, and the difficult current conditions experienced by the country, which requires concerted efforts of all to face all difficulties, and overcome them."

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