Thursday 26 May 2016

UN proposes an economic rescue plan for Yemen



Kuwait (Ina) - The United Nations envoy to Yemen , Ismail Ould Cheikh Ahmed Thursday (May 26, 2016) to create a special body to avoid the collapse of dilapidated due to the war torn country since more than a year of the Yemeni economy. 
He said Ould Cheikh Ahmed told a news conference on the sidelines of negotiations the ongoing peace between the parties to the Yemeni conflict in five weeks in Kuwait under the auspices of the United Nations "has blown up the conflict in Yemen 's economic structure and the most prominent elements ofstate institutions." 
He added , "last week saw a big drop in the Yemeni currency and shortages worsening liquidity and resources in the state treasury shares in crisis deepens economic , " and warned that " the continuation of the case as it is will lead to more inflation in prices would be reflected undoubtedly the social and humanitarian situation. " 
he added, according to Agence France - Presse," in this regard proposed that parties to form aneconomic rescue body as soon as possible benefit from to remedy the situation and take swift action to save what can be saved most prominent economic references experience. " 
advisory body will be and will receive a firm from the United Nations and international economic institutions like the World Bank support, he said. 
Finally , the worsening situation with the collapse of the Yemeni riyal rates against the dollar and a sharp rise in the prices of raw materials such as flour rice and sugar , which registered an increase exceeded 30 percent in mid - May , according to residents. He 
also stressed the UN envoy who is seeking to bring the positions on the potential of the solution Thursday made ​​" a series of bilateral meetings with delegations over the two days , the last two touched in particular to the details and mechanisms of withdrawal and delivery arms, and the resumption ofpolitical dialogue and the restoration of state institutions and other topics that will be included in thecomprehensive agreement. " 
so far , the Yemeni government merely the application of Security Council resolution 2216 which requires the rebels to withdraw from territory they had controlled since 2014 , including the capital Sanaa and deliver the official confiscated and institutions of arms to the country. 
but Houthis allied with former President Ali Abdullah Saleh 's forces, speaking on condition of theformation of a transitional government for their implementation of resolution 2216. 
while UN envoy proposed to bring the positions "government of national salvation," as one Western diplomat said Wednesday.

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