Yemen Monitor/Newsroom
Yemeni Defense Minister Muhsin al-Daa’ari stressed on Wednesday the need to raise the readiness of the army forces, confirming the military institution’s support for the Central Bank’s measures.
This came during a meeting of the army leadership in the temporary capital, Aden, to discuss developments in the military situation in light of the Houthi group mobilizations and escalation of its hostile acts on more than one front.
The state-run Yemeni News Agency reported that the meeting confirmed its support for the measures taken by the Central Bank of Yemen in Aden to protect the banking sector and save the national currency from the chaos and extortion of the Houthis and its insistence on destroying the national economy.
Al-Daa’ari stressed the need to raise combat readiness and strengthen cooperation and integration between the various formations to achieve the supreme goal of restoring the state and defeating the Houthis.
Last week, the Central Bank of Yemen issued a directive to stop dealing with the banks: Tadhmon, Yemen and Kuwait, Comprehensive Bank of Yemen and Bahrain, Al-Amal for Microfinance, Al-Kraymi, and Yemen International for refusing to transfer their headquarters from Sana’a to Aden. It also gave a 60-day deadline for citizens and institutions to deposit what they have of the old edition before 2016 with it and other banks.
The measures taken by Aden Centeral bank prompted the Houthis to ban dealing with 13 local banks under the control of the internationally recognized Yemeni government.
