Led by Prime Minister Maeen Abdul Malik Saeed, the new government is formed of 24 ministers, representing major political forces in Yemen, including the powerful Southern Transitional Council (STC). “We want a revival of institutions, recovery of the economy, restoration of security and a confrontation of the coup. This in short is what awaits you,” Hadi said, pledging his full support and the dismissal of ineffective ministers. At the same time, the new prime minister said that his government is aware of the big challenges and would collectively work in accordance with agendas set by President Hadi. Positive news about the formation of the new government and its expected return to Aden have pushed the Yemeni riyal into recovering against foreign currencies.

Source: Libya Today December 26, 2020 17:15 UTC