Yemen's national economy lost some $126 billion due to war, says senior official

Minister of Endowments Condemns Houthi Attempt to Target Mecca

Minister of Endowments and Guidance Sheikh Turki al-Wadaei condemned the Houthi militia’s attempt to target Mecca, calling it a grave crime and a provocation to the feelings of Muslims worldwide.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/17 Time 11:13:24
Latest News:

Yemen Warns Against Turning Bab al-Mandab Into Platform for Threats to Global Shipping

Minister of Endowments Condemns Houthi Attempt to Target Mecca

Yemeni Government Condemns Houthi Attempt to Target Mecca

President al-Alimi: Holding Committers of Grave Human Rights Violations Accountable for Their Crimes, ..

Latvia: Iran's Support for Houthis Contributes to Destabilize Regional Stability

Yemen's national economy lost some $126 billion due to war, says senior official

[05/10/2022 03:30]

AMMAN - SABA
Vice Minister of Planning and International Cooperation Dr. Nezar BaSoheib stated that the Houthi militias-triggered war has caused the national economy heavy losses estimated at approximately $126 billion, while national currency exchange rates depreciated more than 500% against foreign currencies.

He noted that unemployment percentage increased up to more than 35%, poverty reached nearly 78% therefore 80% of the populations have been seriously affected by the humanitarian crisis.

Dr. BaSoheib revealed these figures as he chaired today, Wednesday, the meeting of the Steering Committee of the Enhancing Economic Survival Project, funded by the European Union, carried out by the Organization of Cooperation and Economic Development (OECD.

A number of senior government's officials contributed to the discussions held in the Jordanian capital Amman.