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2026/03/26
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04:36:01
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Latest News:
Al-Muharrami Meets Prime Minister to Discuss Developments and Support Government Reforms
Al-Subaihi Urges Removal of Obstacles Facing Humanitarian Work
Health Minister Discusses Academic and Medical Cooperation with German University of Rostock Delegation
Yemen's accession to WTO strategic step to boost economic reforms, says al-Ashwal
Minister of Social Affairs confers with German Ambassador over humanitarian, development aid
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 -
Al-Eryani: Seizure of Iranian Smuggling Vessel off Bab al-Mandab Highlights Ongoing Houthi Supply Lines
Al-Muharrami Meets Prime Minister to Discuss Developments and Support Government Reforms
Al-Subaihi Urges Removal of Obstacles Facing Humanitarian Work
Health Minister Discusses Academic and Medical Cooperation with German University of Rostock Delegation
Aden University seeks academic cooperation with German University of Rostock
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Coast Guard seize smuggling boat in the Gulf of Aden
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