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2026/10/08
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Latest News:
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Latest News:
Arab and Islamic Condemnation of Houthi Attacks on Saudi Arabia
Coalition Intercepts and Destroys Three Ballistic Missiles Launched by Houthis Toward Riyadh and Khamis ..
Yemeni Ambassador to Germany Briefs German MP on Government Efforts to Restore State Institutions
Presidential Leadership Council Chairman: Yemen Dawn Operation Will Continue Until Its Objectives Are ..
Human Rights Minister Discusses Yemen Situation with U.S. Mission Official in Geneva
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:
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Human Rights Ministry Welcomes Adoption of Technical Assistance Resolution for Yemen
Arab and Islamic Condemnation of Houthi Attacks on Saudi Arabia
Coalition Intercepts and Destroys Three Ballistic Missiles Launched by Houthis Toward Riyadh and Khamis Mushait
Yemeni Ambassador to Germany Briefs German MP on Government Efforts to Restore State Institutions
Presidential Leadership Council Chairman: Yemen Dawn Operation Will Continue Until Its Objectives Are Achieved
Minister of Social Affairs Seeks U.S. Support for National Child Protection Plan
Al-Khanbashi Discusses with German Ambassador Ongoing Efforts to Restore State Institutions
Minister of Agriculture Discusses with WB Fisheries Development Project
Bahrain Backs Efforts to Restore Yemeni State, Condemns Houthi Attacks on Saudi Arabia
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