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

Republican Decree Appointing Officials in Transport Ministry Issued

The Republican Decree No. (76) of 2026 was issued Monday, stipulating in its first Article the appointment of the following individuals to the positions indicated next to their names, as follows:

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: ، 2026/11/03 Time 08:47:01
Latest News:

Republican Decree Announces Cabinet Reshuffle in Dr. Shaya Zindani’s Government

Presidential Leadership Council Reaffirms Commitment to Continue Fajr Al-Yemen Operation Until All Objectives ..

Four Children Injured by Houthi Sniper Fire and Landmine Explosion in Taiz

Foreign Minister Discusses Strengthening Humanitarian Efforts in Yemen with French Organizations

Speaker of Shura Council Confers with UN Envoy over Developments on National Scene

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.