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

Ambassador Turaik discusses enhancing bilateral cooperation academic field with President of Turkish Higher Education Authority

The Yemeni Ambassador to Turkey Mohammed Saleh Turaiq discussed Tuesday with the President of the Turkish Higher Education Authority, Professor Errol Özvar aspects of bilateral cooperation in the academic field and ways to support Yemeni students studying at Turkish universities.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Portugal Wins UEFA Nations League Title

Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.

Last Update: ، 2025/07/01 Time 09:01:30
Latest News:

International Rescue Committee, Marie Stopes Health Organization's interventions in remote areas discussed ..

Ambassador Turaik discusses enhancing bilateral cooperation academic field with President of Turkish ..

Al-Arada discusses developments in Yemen with U.S. Chargé d'Affaires

Parliament Speaker Meets Prime Minister to discuss current developments

President al-Alimi Meets with Parliament Speaker, members

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.