Saleh orders Govt to stabilize currency price

SANA'A, Aug. 03 (Saba) - President Ali
Abdullah Saleh directed on Tuesday the government to focus its efforts on
stabilizing
the national currency price.
During presiding over the cabinet weekly meeting, President Saleh directed the
government to fix the basic foodstuffs' prices, underlining to take strong legal
actions against
the currency's speculators either banks or exchange stores or others in addition to
the encounter foodstuffs' monopolists.
The President accentuated the important role of the Trade and Industry Ministry and
the local councils in all governorates to fix foodstuffs' prices and crack down on
all
manipulators.
He ordered the government to conduct a comprehensive economic study and to provide
the proposal solutions to tackle the economic crises, enhance the economic and
social
development, concentrate on strengthening non-oil resources, reinforce the
investment environment and to combat corruption.
The President stressed the necessity to speed up completing the second stage of the
salary and wage strategy to move up to the third stage as well as to keep on the
administrative
reform under the national reform agenda.
AF/AF