YCB to resume its activities in Aden on Sunday

Aden (Debriefer)
2019-08-16 | Since 6 Day

YCB of Aden- Archives

اضغط هنا لقراءة الخبر بالعربية

Yemen's central bank (YCB) announced on Thursday that it will resume its activities at its headquarters in the interim capital Aden in the south of the country on Sunday.

This announcement follows media reports that the bank's headquarters were moved from Aden to the eastern Yemeni city of Sieyun, after the UAE-backed Southern Transitional Council (STC) forces took control of the interim capital Aden.

The bank posted on its official Facebook account, that the senior management of the Central Bank confirms that it will start its work in its headquarters in the interim capital Aden and all its other branches as usual, after the end of the Eid al-Adha holiday, as of next Sunday, 18August 2019.''

The Bank called on citizens to "be responsible and not to be dragged behind the rumors."

The Deputy Governor of the Central Bank of Yemen, Shakib al-Hubaishi, said in a special statement to the "Debriefer " International News Agency, the bank will remain in Aden and its operations will be normal and normal.

The United Arab Emirates-backed separatist Southern Transitional Council (STC) took control of the entire port city of Aden on Saturday after four days of fierce clashes with Islamic government forces that killed 40 people and wounded 260, a UN statement said.

The city of Sayoun is completely controlled by forces of the "legitimate" government of Yemen, but loyal to Vice President Ali Mohsen al-Ahmar and the Islah Party (the Muslim Brotherhood branch in Yemen).

The financial situation has become more chaotic since the “legitimate” government decided in September 2016 to relocate the headquarters of the Central Bank of Yemen from Sana'a to Aden, in order to withdraw the control of the bank from the hands of the Houthis who rejected this step, causing the existence of two competing central banks operating in the country, and the disbursement of the salaries of about one million government employees, mostly in the northern governorates since nearly three years, this has doubled the human suffering of employees and citizens in general.

The "legitimate" Yemeni government pledged when it decided to move the central bank to Aden to pay the salaries of all state employees, but failed and evaded the implementation of its pledges.

Prior to that, the bank was paying the salaries of state employees in all governorates despite the Houthis' control.

 


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