Controversy over the Economic Commission and its decisions. Ghaleb says it's frozen and Mu’yad It is not my responsibility

Controversy over the Economic Commission and its decisions. Ghaleb says it's frozen and Mu’yad It is not my responsibility


Hafiz Ma'ayed, chairman of the Economic Committee, said that a legal problem led to the committee's failure to carry out the tasks assigned to it, and stressed that the committee is disabled, acknowledging that it has deviated from its functions to executive actions that are not its competence but of the government.

The Economic Committee was formed in August 2018, by the decision of President Hadi, to provide the tasks of providing consultations, proposals and economic plans, including plans to save the local currency (riyal).

The clarification came after the Committee was criticized for carrying out operational work, the most recent being the contracting of a French company to inspect fuel imports in the country of origin and for taking over the duties of granting and withdrawing licenses for incoming fuel shipments and fuel importing companies.

"We have repeatedly warned that the committee's name should not be used in actions that have not been presented to it, not approved, and are not in its area of competence, but are the work of the executive organs of the government," Mu’yad said in a post on his Facebook page.

He blamed the technical office of the committee for the recent decisions and pointed out that there is a technical office appointed by the president's office, which has taken the full work, calling on President Abdu  Rabbo Mansour Hadi to reconstitute the committee in a way that will end the confusion and achieve the objectives of its formation.

The Commission has become an executive who licenses shipments and fuel import companies that make huge profits, a fertile area for the growth of corruption, where it facilitates the collection of funds from commissions and where large companies, and recently announced the contract with the French company Perofretas to inspect and supply fuel.

According to experts in the law, the committee's announcement of the contract with the French company Perofretas to inspect and want fuel, is a violation of the law and a deviation from the tasks for which the commission was established, which prompted the chairman of the committee Hafiz Mu’yad to declare his non-responsibility.

The economic committee includes Hafiz Mu’yad as president and includes the Minister of Finance and the current Governor of the Central Bank, Ahmed Ghaleb, former head of the Tax Authority, Ahmed Thabet al-Absi, director of The International Bank of Yemen (Commercial), Obaid Saeed Shuraim, professor of accounting at Sana'a University, and Fares al-Ja'adbi, deputy Former CEO of the state CAC bank.

The Commission's technical office is managed by Al-Jaadbi and appeared in the signing of the contract for the examination of fuel imports with the French company Perofretas.

Ahmed Ghaleb, a member of the Economic Committee, confirmed that her work has been frozen since March 2019, and said in a post on his Facebook page: The Committee no longer exercises any functions and its members are scattered and not invited to the meeting or consulted, and they have not been offered any work that is announced on behalf of the Committee and what is being done or announced is not the tasks of the committee and does not fall into the specific and temporary tasks assigned to it."


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