The Southern Transitional Council (STC) has been seeking to restructure the Board of Directors of the Central Bank in a way that consolidates the foundations of economic stability and stops the accelerating collapse of the currency.
From this standpoint, we congratulate the decisions to change the bank’s board of directors, which were made in agreement between the Transitional Council and the presidency of the Yemeni legitimacy, hoping that all difficulties will be overcome before the new administration of the Central Bank in the capital, Aden, in a way that achieves economic and living stability, including the necessity of supplying all oil and gas revenues to the Central Bank in Aden the capital.
Ali Abdullah Al-Kathiri
Official Spokesperson of the Southern Transitional Council
Member of the Presidency of the Council