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Asharq Al-Awsat
Asharq Al-Awsat
World
Aden- Asharq Al-Awsat

Yemeni Government Discusses 2019 Budget

A general view of the southern port city of Aden, Yemen January 22, 2018. REUTERS/Fawaz Salman

Yemeni Prime Minister Maeen Abdulmalik discussed with relevant finance parties in the government the budget for 2019 and the exerted efforts in this regards, paving the way to announcing the budget in the coming days.

According to Yemeni official sources, the PM showcased during the meeting the general framework of 2019 as well as the legal regulations and lists that the budget was based on.

Saba news agency stated that Abdulmalik directed the finance minister to the necessity of covering the basic needs of local authorities in various provinces, and reinforcing decentralized directives in running the state.

Abdulmalik underpinned the importance of the budget, taking into consideration the essential needs to promote the academic, service and health aspects and to build the state institutions in a professional manner.

He admitted that last year’s budget suffered weakness in the operating expenditure of service sectors, impacting basic fields such as health, education, and works. The deficit reached around 33 percent of the budget’s volume of around YER1 trillion in which most of the spending was allocated to employees’ salaries in liberated regions in addition to pursuits for reconstruction.

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