Finance official: Central Bank move from Sanaa to Aden was aimed at harming monetary policy

SANAA, Jan. 20 (YPA) – A senior financial official in the National Salvation Government in the capital Sanaa said that reviving the domestic economy is the key step in reducing dependence and demand for hard currency.

The move came during an interview with Al Masirah Channel TV on Sunday. Deputy of Ministry of Finance, Dr. Ahmed Hajar added that the decision to move the central bank from Sanaa to Aden was aimed at harming monetary policy.

He indicated that the enemy adopts a long-term policy of harming the currency by printing illegal currency.

He further pointed out that the awareness of the street was the level of challenge.

“Electronic cash is used by several countries, which is a first step that the state and tellers can engage in to facilitate remittances to traders in hard currency,” he said.

E.M