The Board of Directors discusses the draft discretionary spending plan for the Yemeni Red Sea Ports Corporation
The meeting of the Board of Directors of the Yemeni Red Sea Ports Corporation, which was held , Wednesday, 14-3-1443 AH, corresponding to 10-20-2021 AD, at the headquarters of the Corporation – Hodeida port, approved the project of the estimated expenditure plan for the fiscal year 2022 AD, according to modern methodologies that are compatible with the directions of the second phase plan of the comprehensive national vision to build The modern state.
The meeting, chaired by the Chairman of the Board of Directors of the Corporation, Captain Muhammad Abu Bakr Ishaq, and in the presence of the members of the Board of Directors, reviewed the mechanism of preparing the plan based on the laws and decisions issued by the Ministry of Finance, and based on the calculation tables and official forms, and the plans of the financial, technical, operational and administrative departments of the Corporation.
The meeting discussed the explanatory note for the plan items based on the actual performance (resources – expenditures) for the first half of the current year and the projected activity estimates for the other half of the same year.
The meeting dealt with the activities and achievements of the Corporation during the current year and the services and facilities it provided to importers through the ports of Hodeida and Salif, and the difficulties facing the Corporation’s work as a result of the continued aggression and siege.
The meeting stressed the importance of implementing plans related to projects, training and rehabilitation to ensure the development of the institution’s work and to improve the performance of its cadres.
The meeting praised the technical and operational readiness of the institution, the efforts of its employees, their steadfastness and the performance of their functional work despite the continued aggression and siege.
The meeting was attended by members of the Board of Directors, Engineer Yahya Abbas Sharaf El-Din, Vice Chairman of the Board, Dr. Khaled Al-Nimr, Undersecretary of the Ministry of Transport for Maritime and Ports Affairs, the representative of the Ministry of Finance, Nasr Al-Nusairi, Dr. Ibrahim Al-Mushki, Director General of the Maritime Affairs Authority, and Colonel Aziz Ali Nasser, the representative of the Coast Guard, Mr. Abdulelah Al-Wasabi, Secretary of the Board of Directors And the Director General of the Office of the Chairman of the Board of Directors, Mr. Nabil Al-Muzjaji.
As well as members of the Foundation’s main budget committee, Mr. Omar Muhammad Al-Hajouri, Director General of Financial Affairs, Dr. Waddah Abdullah Majmal, Director General of Planning and Statistics, Dr. Fouad Hussein Al-Kabsi, General Director of Human Resources, and Engineer Fahd Abdul Karim Al-Jaboubi, Director General of Procurement and Stores
