Finance Minister highlights risks of high inflation, food insecurity in Yemen

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 08:16:23
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

Finance Minister highlights risks of high inflation, food insecurity in Yemen

[16/10/2022 07:19]

WASHINGTON - SABA
Minister of Finance Salim bin Breik along with Governor of Central Bank of Yemen Ahmed al-Ma'baqi contributed today, Sunday, to a high-profile meeting including Chair and Managing Director of the International Monetary Fund (IMF) Kristalina Gerorgieva, Finance Ministers and Governors of Central Banks in Middle East and North Africa.

The session held on the sideline of the annual meetings of the World Bank (WB) and IMF.

Bin Breik cited the risks of high inflation rates and food insecurity in Yemen saying" Yemen has been facing one of the biggest humanitarian crises in the world, as more than half of Yemen's population have become unable to get sufficient food, rates of poverty, hunger and malnutrition alarmingly increased due to successive crises, implications of war, coronavirus pandemic and direct and indirect consequences of Russian-Ukrainian upon food security in Yemen".

The Minister called on the world to pay more attention to the deteriorating humanitarian situation in Yemen amid increasingly growing risks of food security.

He stated that Russian-Ukrainian war has severe impacts upon the most vulnerable segments of the Yemeni peoples, as Yemen has to import more than 45% of its basic food, mainly wheat from Russia and Ukraine.