President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates
His Excellency President Dr. Rashad al-Alimi, the Chairman of the Presidential Leadership Council, met Thursday with the Speaker of the Parliament Sheikh Sultan al-Barakani and members of the Parliament,s Presidency Mohammed al-Shaddadi and Mohsen Basurah to consult on national developments.
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Last Update: ،
2025/12/18
Time
05:44:04
Latest News:
Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities
Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis
Al-Arada Discusses Latest Developments with U.S. Ambassador
National Authority Condemns Houthi Death Sentences Against 3 Abductees
Major General Al-Zubaidi follows up on projects implemented to enhance water resources
Latest News:
Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities
Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis
Al-Arada Discusses Latest Developments with U.S. Ambassador
National Authority Condemns Houthi Death Sentences Against 3 Abductees
Major General Al-Zubaidi follows up on projects implemented to enhance water resources
CBY Governor: Yemen has lost more than $6 billion within the recent 30 months
[24/10/2024 05:04]
WASHINGTON - SABA
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb has confirmed that Yemen has lost more than six billion dollars of its own resources during the previous thirty months only, as a result of the suspension of oil and gas exports due to the attacks of the Houthi terrorist militias on oil ports and tankers, adding to targeting international navigation in the Red Sea.
"As a result, costs of transportation and insurance redoubled, supply chain disrupted, food insecurity seriouslt deteriorated and poverty rates exceeded 80%", Ghalib said.
He made his statements as he contributed today, Thursday, to the meeting of central bank governors and finance ministers of the Middle East, North Africa and Pakistan, on the sidelines of the annual meetings of the IMF and the World Bank, held in Washington, DC.
Minister of Finance Salem bin Braik also contributed to the meeting's deliberations.
The meeting was chaired by the Managing Director of the IFM Ms. Kristalina Georgieva.
Ghalib touched on the unprecedented humanitarian crisis that Yemen has been experiencing as a result of the Iran-backed Houthi militias' coup and war, which has been going on for 11 years and due to unfavorable regional and international developments and their repercussions on the region and the world, including Yemen.
The Governor of the CBY called for an urgent support to Yemen to bail out the Yemeni national economy and sustain the government's efforts to manage the economic hardships.
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb has confirmed that Yemen has lost more than six billion dollars of its own resources during the previous thirty months only, as a result of the suspension of oil and gas exports due to the attacks of the Houthi terrorist militias on oil ports and tankers, adding to targeting international navigation in the Red Sea.
"As a result, costs of transportation and insurance redoubled, supply chain disrupted, food insecurity seriouslt deteriorated and poverty rates exceeded 80%", Ghalib said.
He made his statements as he contributed today, Thursday, to the meeting of central bank governors and finance ministers of the Middle East, North Africa and Pakistan, on the sidelines of the annual meetings of the IMF and the World Bank, held in Washington, DC.
Minister of Finance Salem bin Braik also contributed to the meeting's deliberations.
The meeting was chaired by the Managing Director of the IFM Ms. Kristalina Georgieva.
Ghalib touched on the unprecedented humanitarian crisis that Yemen has been experiencing as a result of the Iran-backed Houthi militias' coup and war, which has been going on for 11 years and due to unfavorable regional and international developments and their repercussions on the region and the world, including Yemen.
The Governor of the CBY called for an urgent support to Yemen to bail out the Yemeni national economy and sustain the government's efforts to manage the economic hardships.
Key words:
transportation - deliberations - repercussions - international - unprecedented - humanitarian - government's - Minister - developments - experiencing -
President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates
Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities
Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis
Al-Arada Discusses Latest Developments with U.S. Ambassador
National Authority Condemns Houthi Death Sentences Against 3 Abductees
Major General Al-Zubaidi follows up on projects implemented to enhance water resources
Ambassador Al-Maitami Participates in Diplomatic Visit to Jilin Province
Leadership Council Member Maj. General al-Zubaid highlights importance of boosting role of Local Administration Ministry
Amb. al-Aowd seeks active Spanish cooperation in agriculture, fishery
Japan provides $13.8 million in aid to Yemen
