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

Leadership Council listens to Prime Minister's report on progress of reform process, welcomes findings of expert team's report

. The Presidential Leadership Council (PLC( held a meeting today, Sunday, chaired by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with the attendance of its members Sultan al-Arada, Dr. Abdullah al-Alimi, and via video call Abdul-Rahman al-Mahrami and Othman Majli, while Aidaroos al-Zubaidi, Tariq Saleh and Faraj al-Bahsni were absent with an excuse.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

More than 1,500 flights canceled in U.S. amid ongoing government shutdown

Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/17 Time 09:10:44
Latest News:

Deputy Speaker of Shura Council Meets Chinese Chargé d'Affaires

Fourth Phase of Artificial Joint Implant Project Concludes at Marib Hospital

Yemen Participates in 12th Arab Constitutional Courts Union Meeting in Rabat

Ambassador Al-Manhali Meets UAE Deputy Minister of Defense.

Minister of Water Discusses Support for Adaptation Projects in Yemen with Green Climate Fund

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.