Yemen and China Sign Protocol on Seafood Exports to China
Yemen and China signed a protocol on inspection and health requirements for Yemeni seafood exports to China, strengthening economic cooperation between the two nations.
Gaza Casualty Toll Rises to 67,682 Martyrs and 170,033 Injured in Israeli Aggression
The casualty toll from the Israeli aggression on Gaza has risen to 67,682 martyrs and 170,033 injured since October 7, 2023.
Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Ghana qualifies for the 2026 World Cup
Ghana qualified for the 2026 World Cup after defeating Comoros 1-0 in the African qualifiers.
User Name: Password:
Finance Minister discusses economic developments with UN Envoy's Advisor
[16/03/2025 07:59]

ADEN - SABA
Finance Minister Salem bin Bureik discussed Sunday with the Economic Advisor to the UN Envoy to Yemen Dirk Jan Omzigt and his accompanying delegation economic developments and their impacts on the general situation, particularly regarding the service and living conditions of citizens.

During the meeting, which included Assistant Undersecretary for Budget Sector Mokhtar al-Shuraihi and Assistant Undersecretary for Foreign Relations Dr. Nasr al-Harbi, the focus was on the U.S. administration's decision to classify the Houthi militia, supported by the Iranian regime, as a "Foreign Terrorist Organization."

The discussion also addressed the significant negative effects of the Houthi militia's continued economic war against Yemen and Yemenis, particularly the blockade on crude oil exports, which constitutes about 65% of the state's general budget.

This situation has posed considerable challenges to public finances, deepening humanitarian suffering and diminishing the level of essential services provided to citizens. The conversation included ensuring the smooth flow of trade and humanitarian aid, as well as regional and international efforts to achieve peace in Yemen.

The meeting emphasized the importance of continued support from brotherly and friendly countries and partners for the government's efforts to implement comprehensive reforms, address the significant challenges facing public finances, improve various conditions, particularly service and living conditions, and achieve stability and improvement in the national economy while mitigating the worsening economic crisis and rising levels of food insecurity.

Minister bin Bureik touched on the latest developments in the economic and financial situation and the government's efforts to tackle public finance challenges amid the difficult circumstances the country is experiencing.

He praised the U.S. decision to classify the Houthi militia as a "Foreign Terrorist Organization" and appreciated the support of brotherly and friendly countries for the government's efforts to improve the overall situation.

He pointed out the significant negative effects of the halt in crude oil exports due to the Houthi militia's targeting of vital oil export facilities, stressing the importance of supporting efforts to resume crude oil exports to enhance the state’s public resources and sustain public finances, enabling the government to fulfill its obligations and responsibilities in facing economic challenges, combating corruption and providing services to citizens.

For his part, the UN economic advisor expressed his appreciation for the government's efforts to stabilize the economic situation and improve service and living conditions.


Yemen and China Sign Protocol on Seafood Exports to China
Yemen Participates in 40th Indonesia Trade Expo in Jakarta
Vice FM and Omani Official Discuss Strengthening Bilateral Ties
Yemen Participates in Key Arab Water and Agriculture Ministers' Meeting in Cairo
Non-Aligned Movement Ministers Reaffirm Commitment to Yemen's Unity and Sovereignty
Coast Guard Chief discusses joint security cooperation with Djibouti
Ambassador al-Duais meets with Director of Political and Consular Affairs Lebanese Foreign Ministry
Developments economic, financial, monetary conditions in Yemen discussed in Washington
Central Bank, Ministry of Finance discuss with IMF supporting economic recovery efforts in Yemen
Dr. Abdullah al-Alimi receives Vice President of International Crisis Group

About Saba News Agency | Usage Agreement | Contact Us