SOUTH24 CENTER FOR NEWS & STUDIES
SOUTH24 CENTER FOR NEWS & STUDIES
Aden (South24 Center)The Yemeni government approved on Tuesday (May 19) an increase in the customs dollar rate as part of a new package of economic and financial decisions, sparking widespread fears of a fresh wave of price hikes across government-controlled areas.The decision was made during a cabinet meeting held in the capital, Aden, chaired by Prime Minister Shaya Al-Zindani and attended by Central Bank Governor Ahmed Ghaleb. The government described the measures as part of economic reforms aimed at “correcting price distortions and enhancing the efficiency of resource collection.”The government emphasized that the decision “will not affect basic commodities, which ar ...
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