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Yemeni Government Implements Mechanisms to Increase and Develop Revenue

Yemen Monitor /Aden/ News Room:

The legitimate Yemeni Ministry of Local Administration and the Ministry of Finance, affirmed on Monday the importance of joint efforts to address the challenges facing the collection of public revenue and to develop effective mechanisms for increasing and developing revenue.

This came during an extensive meeting held by the Minister of Local Administration, Hussein al-Agbari, and the Minister of Finance, Salem bin Breik, in the temporary capital, Aden, to discuss ways to enhance cooperation and coordination between the two ministries in the field of public revenue management and local resource development.

It is worth noting that the Southern Transitional Council(STC), backed by the UAE, controls the collection of taxes in most of the governorates under its security control in southern Yemen.

The Yemeni government has been suffering due to the halt of oil and gas exports, which has led to the erosion of the value of the national currency in government-controlled areas, after the Houthis prevented the government from exporting oil unless they received most of the revenue.

According to the official Yemeni News Agency, the meeting between al-Agbari and “bin Breik” discussed mechanisms for improving the collection of revenues from taxes, zakat duties, and documentary stamp fees in accordance with the relevant Cabinet decisions, and unifying legal procedures at the level of all liberated governorates and administrative units.

The Ministers of Local Administration and Finance emphasized the need to adhere to the Local Authority and Finance Law in spending these revenues to achieve sustainable development

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