President al-Alimi directs doubling precautionary measures to follow up low-pressure impacts in eastern provinces
Chairman of the Presidential Leadership Council Dr. Rashad Mohammed al-Alimi conducted a phone call Wednesday with Prime Minister Dr. Ahmed Awadh bin Mubarak to follow up on the developments of the low-pressure condition.
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: ،
2024/04/18
Time
12:56:46
Latest News:
Chairman of SJC hails establishing and equipping National Center for Forensic Medicine in Aden
One person died, damages in agricultural lands, roads, electricity, water supplies in Hadramout due to ..
FM holds phone conversation with British Minister of State over developments in Yemen
PM inaugurates local authority administration compound in Lahj governorate
Mahrah: Local Emergency Committee discusses latest developments on the soon expected air depression
Latest News:
Chairman of SJC hails establishing and equipping National Center for Forensic Medicine in Aden
One person died, damages in agricultural lands, roads, electricity, water supplies in Hadramout due to ..
FM holds phone conversation with British Minister of State over developments in Yemen
PM inaugurates local authority administration compound in Lahj governorate
Mahrah: Local Emergency Committee discusses latest developments on the soon expected air depression
Yemen's economy facing imminent collapse, says minister
[15/12/2021 02:21]
RIYAHD-SABA
Minister of Finance Salim bin Bureik said" the Yemeni economy is facing formidable challenges and difficulties putting it at the edge of downfall, with serious depreciation of national currency value and $1 exchange rates exceeding 1500 (YR), as a result inflation percentages hit unprecedented high records, likewise unemployment rates and numbers of the people under poverty line".
His remarks came as he contributed to the first workshop on building capacities of the Finance Ministry held here today in Riyadh in coordination between the Ministry and Saudi Program for Development and Reconstruction Yemen (SPDRY).
Bin Bureik underscored Yemen's need for urgent assistance by the Kingdom of Saudi Arabia and the SPDRY. He stated that Yemen today is really in dire need for Saudi support more than ever before to bail out the national economy.
Minister of Planning and International Cooperation Dr. Wa'id Badhib, Suadi Ambassador, general supervisor of the SPDRY Mohammed al-Jaber, Head of the GCC's Mission in Yemen Ambassador Sarhan al-Manikher were in attendance.
Minister of Finance Salim bin Bureik said" the Yemeni economy is facing formidable challenges and difficulties putting it at the edge of downfall, with serious depreciation of national currency value and $1 exchange rates exceeding 1500 (YR), as a result inflation percentages hit unprecedented high records, likewise unemployment rates and numbers of the people under poverty line".
His remarks came as he contributed to the first workshop on building capacities of the Finance Ministry held here today in Riyadh in coordination between the Ministry and Saudi Program for Development and Reconstruction Yemen (SPDRY).
Bin Bureik underscored Yemen's need for urgent assistance by the Kingdom of Saudi Arabia and the SPDRY. He stated that Yemen today is really in dire need for Saudi support more than ever before to bail out the national economy.
Minister of Planning and International Cooperation Dr. Wa'id Badhib, Suadi Ambassador, general supervisor of the SPDRY Mohammed al-Jaber, Head of the GCC's Mission in Yemen Ambassador Sarhan al-Manikher were in attendance.
Key words:
Reconstruction - SABA Minister - unprecedented - International - difficulties - depreciation - coordination - unemployment - Minister - contributed -
President al-Alimi directs doubling precautionary measures to follow up low-pressure impacts in eastern provinces
One person died, damages in agricultural lands, roads, electricity, water supplies in Hadramout due to heavy rainfalls
FM holds phone conversation with British Minister of State over developments in Yemen
PM inaugurates local authority administration compound in Lahj governorate
Mahrah: Local Emergency Committee discusses latest developments on the soon expected air depression
PM conducts field visit to Lahj Province
Leadership Council chairman phone calls Sheikh Saatar to check on him after surviving terror bombing
Leadership Council chairman sends condolences to Sultan of Oman over fall of victims in floods
Government reiterates its support for all regional, international efforts to establish peace
PM visits Public Electricity Corporation to follow up on power shortages and prompt solutions 
