Badhib: Up to $126 billion the loses of Yemen national economy

Maj. General al-Zubaidi discusses with U.S. Ambassador ways to support reform process, economic recovery

The Member of the Presidential Leadership Council (PLC) Maj. General Aidaroos al-Zubaidi highlighted the importance of joining regional and international efforts to support the underway reforms by the PLC and the government to achieve economic recovery, boos stability and improve livelihoods in Yemen.

Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria

The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.

Emirati economy grows 5.3 percent in non-oil businesses

The real GDP of the United Arab Emirates (UAE) recorded a growth of 3.9 percent, reaching 455 billion dirhams in the first quarter of 2025, compared to the same period in 2024.

Leeds United beat Everton in English Premier League

Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.

Last Update: ، 2025/09/09 Time 07:09:31
Latest News:

Deputy FM Receives Copy of Credentials of EU Ambassador

Agriculture Minister Launches Five-Year Strategic Plan for Cooperative and Agricultural Credit Bank

Central Bank of Yemen Announces Two Treasury Auctions

PM highly appreciates Saudi significant support for Yemen

Defense Minister Commends Supreme Military Committee's Role in Unifying Armed Forces

Badhib: Up to $126 billion the loses of Yemen national economy

[31/01/2022 06:30]

ADEN-SABA
Minister of Planning and International Cooperation Dr. Wa'id Badhib stated that since the begging of the ongoing war Yemen national economy has lost about $126 billion of the its gross domestic production as a result inflation rates hit records high, national currency exchange rates declined more than 300%, revenues decreased and living conditions have seriously deteriorated.

Against this background the country has been struggling with an overwhelming humanitarian crisis has severely affected 80% of the population, unemployment rates went up over 35% and poverty percentage reached some 78%.

He voiced his remarks during the meeting of the Steering Committee of Enhancing Economy Survival Project held today in the Jordanian capital Amman, the project is funded by the European.

The meeting brought together Minister of Finance Salim bin Bureik, several senior Yemeni officials and Deputy Head of the EU Mission in Yemen and the Head of Middle East and Africa of the OECD.