Economic Committee: Houthi rebels' practices drive national economy into overall collapse

Yemen Welcomes UN Security Council Presidential Statement on Houthi Attacks Against Yemen, Saudi Arabia

The Ministry of Foreign Affairs and Expatriates has welcomed the presidential statement issued by the United Nations Security Council on October 15, 2026, regarding the Houthi military escalation in Yemen and attacks against the Kingdom of Saudi Arabia.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

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: ، 2026/10/16 Time 10:10:41
Latest News:

Yemen’s Planning Minister Participates in Arab Governors Meeting at World Bank

Yemen’s Ambassador Discusses Latest Developments with Japan’s Deputy Foreign Minister

Foreign Minister Holds Talks with Indonesian Counterpart on Yemen, Regional Developments

President al-Alimi Discusses National and Regional Developments with UK Foreign Secretary

Human Rights Organization Warns of Humanitarian Catastrophe in Taiz Over Houthi Siege

Economic Committee: Houthi rebels' practices drive national economy into overall collapse

[28/05/2019 10:20]

ADEN-SABA
The Economic Committee charged managing economic hardships said Houthi militias are insisting on exploiting economic and fiscal situations in the militia controlled regions to get involved in currency speculations in the market causing national currency slide.

The committee added in statement seen by the Yemeni News Agency (Saba) saying" The militia is insisting on driving national economy into total collapse, exercising blackmailing on financial institutions under weapons intimidation to justify its actions, serves its own interests; employing national currency collapse to achieve gain politically by capitalizing on the peoples' suffering, blaming the government and Arab Coalition for the deteriorated humanitarian situation".

The committee reaffirmed that the Central Bank of Yemen (CBY) has continued to do its job, securing foreign currency to import basic commodities of food and fuels for all traders in line with the stated regulations and conditions.

The committee called on the International Community (IC) and UN to sense their responsibility, get the militia refrain from exploiting the humanitarian crisis to gain politically.