Salaries and currency ... difficult tasks at the table of Maeen Abdulmalik's government
English - Tuesday 05 January 2021 الساعة 03:38 pm
Aden, NewsYemen, Muhammad Al-Junaidi:
The government of Maeen Abdulmalik, which returned to Aden last Thursday, is waiting for difficult and primary tasks of controlling the stability of the national currency and paying salaries regularly.
Observers believe that controlling the stability of the currency and paying the salaries of military and security personnel will determine the success of the new government rather than its failure.
The riyal collapsed again against foreign currencies during the past three days, and the price of one dollar, on Monday, in Aden, reached 685, while the Saudi riyal reached 185 riyals after it fell to 165.
The economist, Majed Al-Daari, said that every day that passes without the government announcing its urgent currency rescue plan within the framework of a comprehensive economic reform program supported by the coalition puts it in front of greater difficulties and new challenges in the possibility of restoring the banking sector from the grip of its captors to the black market and putting an end to crimes Houthi speculation and corrupt local currency exchange
The return of the government was satisfied on social media, and the terrorist attacks on Aden airport earned it sympathy, but observers believe that the failure of a specific government to exploit this sympathy and support in restoring services, controlling the stability of the currency and paying salaries, will soon be in the crosshairs of the people and will fall as previous governments have fallen.
On Saturday, Prime Minister Maeen Abdulmalik said, during his meeting with the leadership and cadres of the Central Bank, that "brothers and friends, especially the countries of the Coalition to Support Legitimacy, have shown willingness to support the national economy to continue measures to enhance confidence in the national currency and improve the stability of the exchange rate, which will directly affect the life and livelihood of citizens. "
