Al-Muharrami directs the Ministry of Finance to activate revenue institutions
SMA NEWS – ADEN THE CAPITAL
Abdul Rahman Al-Muharrami, Vice President of the Southern Transitional Council, member of the Presidential Leadership Council, and Minister of Finance, Salem Bin Brik, discussed developments related to financial and economic aspects.
Al-Muharrami reviewed the ministry’s plan for the first quarter of this year, the opportunities to enhance monetary and financial stability, the government’s treatments to control the collapse of the local currency, and the aspects of support from brotherly and friendly countries to advance the government’s efforts in confronting the challenges.
He called for intensifying efforts and joint coordination with the Central Bank to achieve integration in financial and banking performance, to maintain the stability of the local currency price in the exchange markets.
Al-Muharrami directed the activation of state revenue institutions, such as customs and tax outlets, and to address imbalances in revenue sources and collect them into the public account.
He appreciated the continued Saudi and Emirati support for the state’s general budget and the contribution to stabilizing the currency, to enhance the ability to face government obligations.
