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Houthis seek long-term control of Yemen’s banking sector

Supreme Political Council (SPC) president Mahdi Mashat issued a decree on 5 January launching the Houthi’s economic plan for 2020. Among this potentially significant document’s six priorities were payment of half-salaries to government employees every two months, tax exemptions for vehicles and manufacturing equipment, and a directive to establish national banks. The first phase of the plan was launched in Sanaa on 14 January by Mashat and prime minister Abdelaziz Saleh Bin Habtour.

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