Today, Wednesday, the political parties in Taiz Governorate called on the members of the Presidential Leadership Council to assume their responsibility and begin taking courageous and effective steps to reform the economy, and work on practical solutions to re-export oil, control all resources, and enter them into the Central Bank account.

Three sources in the internationally recognized Yemeni government said on Saturday that the government is currently facing an unprecedented financial crisis, which has caused a delay in paying employees’ salaries for two months and an inability to provide fuel for power plants.

Governor Ghaleb touched on the unprecedented humanitarian crisis that Yemen is experiencing due to the war that is approaching its tenth year and due to the unfavorable regional and international developments and their repercussions on the region and the world, including the Republic of Yemen.

The Chairman of the Presidential Leadership Council, Rashad Al-Alimi, stressed the need to accelerate the implementation of the economic rescue plan, and take measures and procedures aimed at enhancing the efficiency of public finance management and monetary policy, and limiting the repercussions of the monetary division imposed by the Houthi militias as an economic war card.

Mustafa Nasr, head of the Center for Economic Studies and Media, said that the return of the Presidential Leadership Council Chairman Rashad Al-Alimi yesterday to the interim capital, Aden, accompanied by the economic team, is a message through which he wants to say that the economic file is among the council’s priorities, in addition to a message of reassurance to the people that they are there to take what is necessary regarding the rapid collapse in exchange rates.

The local currency recorded a new decline against its foreign counterparts, reaching its lowest levels during financial transactions today, Saturday, in an indicator that foretells further economic deterioration in the country.