Prime Minister Salem Saleh bin Breik chaired Tuesday a Cabinet meeting dedicated to discussing updates on economic and service conditions, and coordinated plans with the Central Bank of Yemen to address the decline in the national currency's exchange rate and the deterioration of basic services.
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.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
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.