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

Transport Minister Reviews Procedures for Approval of Qana Port Project in Shabwa

A meeting held on Sunday here snd chaired by Minister of Transport Mohsen al-Amri reviewed the procedures required for the approval of the Qana Port project in Shabwa Governorate.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/06 Time 04:17:05
Latest News:

Minister of Interior Discusses Security Cooperation with Chinese Embassy Chargé d'Affaires

Masam Removes 1,207 Landmines and War Remnants Last Week

Health Minister Orders Tougher Oversight of Public and Private Health Facilities

Leadership Council Member al-Muharrami Reviews Security Developments with Interior Minister

Minister of State for Women's Affairs Stresses Unified Efforts to Advance Women's Empowerment

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.