Minister Batheeb says Yemen's national economy lost over $90 billions

“MASAM” Removes 2,164 Mines Planted by Houthi Militias in One Week

The King Salman Humanitarian Aid and Relief Centre’s “MASAM” Project, which works to clear Yemeni territories of mines, removed 2,164 mines during the fourth week of June.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/29 Time 10:31:47
Latest News:

Presidential Leadership Council Reviews Latest Developments, Stressing Accelerating Reforms

Shura Council Presidency Affirms Support for the Political Leadership, National Unity

PLC Chairman Confers Second-Class Unity Medal on Outgoing U.S. Ambassador

Minister of Water Discusses with Organisation for Economic Co-operation, Development Support for the ..

Minister of Communications Discusses with World Bank Delegation Support for Developing the Sector’s ..

Minister Batheeb says Yemen's national economy lost over $90 billions

[12/10/2021 02:14]

ADEN - SABA
Minister of Planning and International Cooperation Dr. Wa'ed Batheeb stated that Yemen's national economy has incurred losses exceeding $90 billion and national currency value depreciated approximately 180% against foreign currencies as a result of Houthi militia's coup d'état against the legitimate government in 2014.

His remarks came during his contribution today to the discussions of the annual meetings of the World Bank (WB) Group. The deliberations conducted via video conference with a participation by the WB Country Director for Egypt, Yemen and Djibouti Marina Wes and WB Executive Director Dr. Merza Hassan.

Batheeb provided an informative presentation about the challenges facing Yemen's national economy, crippling hardships the Yemeni peoples have been struggling with, calling for resuming the WB Office's activities in the temporary capital Aden.