Reconstruction's economic recovery priorities discussed in workshop in Aden

Al-Aradah receives Somali Ambassador to Yemen

Member of the Presidential Leadership Council General Sultan al-Aradah received Thursday in his office here Ambassador of the Somali Federal Republic Abdullahi Hash Shurie, discussing with him mutual relations between the two countries and means of expanding them in different fields.

BRUSSELS: European Parliament Urges Lifting Schengen Land Border Controls for Bulgaria, Romania

The European Parliament (EP) on Wednesday called for lifting Schengen land border controls for Bulgaria and Romania by the end of 2024. Air and sea border controls were scrapped on March 31, 2024.

Chinese car sales surges 26.4 percent in the first quarter of 2024

Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2024/04/26 Time 09:04:12
Latest News:

Ambassador al-Awd discusses joint issues with Spanish official

Amb. Shamer discusses with Bulgarian official peace efforts in Yemen

President al-Alimi receives an invitation from Bahrain Monarch to attend Arab Summit

Taiz Governor launches water project

Prime Minister receives Dutch ambassador, discuss bilateral cooperation

Reconstruction's economic recovery priorities discussed in workshop in Aden

[24/03/2019 04:17]

ADEN-SABA
A workshop held in Aden Sunday themed" Priorities of Reconstruction and Economic Recovery", organized by Ministry of Planning and International Cooperation.

The Head of EU Mission in Yemen Antonia Calvo and representatives of KSrelief Center, Emirati Red Crescent Society and donors contributed to the discussions.

Minister of Planning and International Cooperation Dr Najib al-Aweg cited the urgent priorities of Reconstruction and Economic Recovery. He also pointed out to the major challenges facing the reconstruction and economic recovery campaign.

The minister stated that the country implicit economic losses estimated at $ 50 billion over the past four years, besides direct and indirect damages to infrastructure.

He indicated that there are urgent projects funded by the World Bank with total cost up to $ 1.2. There are also other projects funded by Islamic Bank, Saud Fund and Saudi Program totaling 600 billion Yemeni Rial (YR) .

The minister stated that poverty percentage raised up to 78%, while 60% of the population are struggling with poverty and starvation as a result of the devaluation of the national currency value and the citizen lost nearly two third of his income over the past three years.