The Central Bank of Yemen in the declared city of Aden, a temporary capital of the country (southern Yemen), on Wednesday, May 21, has been excluded to launch a new criticism, to finance the budget deficit, denying "the authenticity of the news that spoke about the intention of the monetary authorities.

The bank said in a statement, published on its official website, that printing a new currency is "completely excluded, and not one of the options it approved, or used, since December 2021 AD," stressing that "it is not possible to resort to the option of printing under any circumstance and under any pressure, as this is a transgression of strict policies approved by the Board of Directors."

He emphasized that the Yemeni government has many internal and external options to overcome the difficulties that it is going through, and not among them the option of inflationary financing, which is rejected by the central bank, and has the support of the Command Council and the government for many considerations that the country and citizens are required.

The bank was terrorized in its statement by the media, taking into account the effects of inappropriate handling of sensitive issues, he said that it "affects the lives of citizens and their security and living stability", noting that they can communicate with him, to clarify before publishing, especially on topics, which cause confusion and negatively on the lives of citizens and the work of institutions.

Earlier today, the Center for Studies and Economic Media, (non -governmental), warned of a tendency to the recognized Yemeni government, to print a new currency, and pump it into the market without cash cover or corresponding assets, to cover the deficit it suffers.

The Center considered, in a statement, seen by "Berran Press", this trend from the government, as a "step that represents a dangerous economic gamble that would lead to more inflation and high prices, and works to increase the erosion of the purchasing power of citizens, and will also provoke more protests and conflicts, which he said may undermine the remaining structures of a fragile institution for the state."

The Yemeni government is facing "harsh" economic challenges behind the stopping of oil export, after attacks by the Houthi group, which is classified as the internationally classified terrorism, on the oil ports "Daba", "Al -Nashima" and "Qena", which led to the cessation of government oil revenues and fuel flows and the government depriving its most important resources.

Bran