Al-Eryani welcomes new U.S. sanctions on networks linked to Houthi Terrorist Militia
Minister of Information, Culture, and Tourism Muoammar al-Eryani welcomed the firm action announced by the U.S. Department of the Treasury today, which imposes new sanctions on a funding and smuggling network associated with the Iran-backed Houthi terrorist militia.
Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President plans to increase tariffs on steel, aluminum imports
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Portugal Wins UEFA Nations League Title
Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.
User Name: Password:
FM: Yemen is suffering difficult economic & humanitarian conditions as a result of Houthi coup
[22/09/2023 08:15]
New York - Saba
Minister of Foreign Affairs, Dr. Ahmed bin Mubarak, said that Yemen is suffering difficult economic and humanitarian conditions as a result of the Houthi militias’ coup against the constitutionally legitimate government, in addition to the consequences of the covid-19 pandemic and the recent geopolitical challenges.

He added in our country's statement at the high-level summit of the G7+, which was held on the sidelines of the United Nations General Assembly meetings in New York City, USA, that this matter led to the deterioration of the national economy, a decrease in job opportunities, a deterioration in the exchange rate of the national currency, a contraction of the national economy by more than 50 percent, a disruption to the accelerated economic and human development, in addition to the decline of the meager gains that our country had achieved before the war.

He pointed out that the weak purchasing power of citizens has become the biggest driver of the risk of famine that threatens millions of Yemenis, indicating that the collapse of the private sector, the migration of capital and qualified personnel, and the deterioration of services in key sectors such as electricity, education, and health have led to a doubling of the size of the negative effects on the economy.

Bin Mubarak stressed that the Yemeni government is working to stop the economic deterioration by making more efforts to mobilize resources and provide the necessary support to combat inflation, provide basic goods and services, and work to resume the work of national and revenue institutions, aware of the close connection between peace and development, and keen to mitigate the economic and humanitarian impacts of war.

Minister Bin Mubarak also indicated that the countries of the group are facing challenges affected by conflicts, the severity of which has been exacerbated by the repercussions of the covid-19 pandemic, supply chain disruptions, rising commodity prices, devaluation of currencies, and climate-related disasters, in addition to international geopolitical tensions that have increased the complexity of these challenges, which have caused a multiplication of the humanitarian crisis.

He said, "We live in an era in which the world's challenges are growing urgently and rapidly, and the gaps between peoples and nations appear deeper than they were in the past, and global solidarity is the only way to confront these challenges and build a world characterized by justice and prosperity for all. It is our historical duty to unite in the face of these common difficulties and to work together to achieve our common goals.”

The Foreign Minister urged the group to exert more effort, speak with one voice, enhance collective advocacy, and benefit from the best lessons to achieve the group’s common agenda and obtain the necessary support to restore political and economic stability.


Al-Eryani welcomes new U.S. sanctions on networks linked to Houthi Terrorist Militia
Al-Eryani: Iran and Its Militias Undermine Arab Stability
Foreign Minister Arrives in Istanbul for participation of OIC's session
Tariq Saleh discusses health situation in Western Coast with MSF delegation
Prime Minister Directs Government Agencies to Launch Field Survey for Social Support Program
Local Admin Minister Discusses Experience Exchange Program with Egypt
Yemen Participates in Regional Workshop on Criminal Asset Forfeiture in Morocco
Foreign Minister Meets UN Resident Coordinator in Yemen
President al-Alimi Meets with Crisis Management Committee
Ambassador Turaik Meets with of Head of Middle East Department at Turkish Foreign Ministry

About Saba News Agency | Usage Agreement | Contact Us