Vice Foreign Minister calls for supporting government to protect navigation in the Red Sea
Vice Minister of Foreign and Expatriate Affairs Mustafa Noman called for supporting Yemeni government institutions.
BTA Presents English edition of Anniversary Book, honours former directors general Panayot Denev, Ivo Indzhev
The Bulgarian News Agency (BTA) presented on Wednesday the English-language edition of 125 Years Bulgarian News Agency. The Real News: Stories On File 1989–2023 at its National Press Club in Sofia.
Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Ghana qualifies for the 2026 World Cup
Ghana qualified for the 2026 World Cup after defeating Comoros 1-0 in the African qualifiers.
Last Update: ،
2025/10/17
Time
04:24:35
Latest News:
Ambassadors of countries sponsoring political process in Yemen issued statement on meeting with the Prime ..
Coast Guard Chief discusses with commanders of French, EU forces joint cooperation
FM praises Germany's, EU's significant support for Yemen
Vice Foreign Minister discusses Italian Special Envoy for Yemen strengthening bilateral relations
Governor of Central Bank, Deputy Minister of Finance discuss with IMF strengthening cooperation, technical ..
Latest News:
Ambassadors of countries sponsoring political process in Yemen issued statement on meeting with the Prime ..
Coast Guard Chief discusses with commanders of French, EU forces joint cooperation
FM praises Germany's, EU's significant support for Yemen
Vice Foreign Minister discusses Italian Special Envoy for Yemen strengthening bilateral relations
Governor of Central Bank, Deputy Minister of Finance discuss with IMF strengthening cooperation, technical ..
World Bank says Yemen faces significant economic hardships caused by continued Houthi blockade on oil exports
[01/11/2024 05:14]
ADEN - SABA
The World Bank said that Yemen is facing significant economic hardships caused by the continued Houthi blockade on oil exports.
According to the World Bank’s latest Yemen Economic Monitor (YEM) this blockade contributed to a 42 percent drop in fiscal revenues for the Internationally Recognized Government (IRG) in the first half of 2024, preventing it from providing essential services to the population.
The suspension of IRG oil exports, combined with a heavy reliance on imports, has intensified external pressures, leading to a depreciation of the Yemeni Rial in the Aden market from 1,619 per US dollar in January 2024 to 1,917 by the end of August
According to the report, "the conflict has as pushed most Yemenis into poverty, while food insecurity has reached historic levels, with over 60 percent of the population now facing inadequate access to food."
The World Bank said that Yemen is facing significant economic hardships caused by the continued Houthi blockade on oil exports.
According to the World Bank’s latest Yemen Economic Monitor (YEM) this blockade contributed to a 42 percent drop in fiscal revenues for the Internationally Recognized Government (IRG) in the first half of 2024, preventing it from providing essential services to the population.
The suspension of IRG oil exports, combined with a heavy reliance on imports, has intensified external pressures, leading to a depreciation of the Yemeni Rial in the Aden market from 1,619 per US dollar in January 2024 to 1,917 by the end of August
According to the report, "the conflict has as pushed most Yemenis into poverty, while food insecurity has reached historic levels, with over 60 percent of the population now facing inadequate access to food."
Key words:
August According - Internationally - According - depreciation - intensified - significant - contributed - insecurity - suspension - inadequate -
PM holds meeting with Ambassadors of countries sponsoring political process in Yemen
Yemen Participates In Islamic Conference in Doha
Landmine Clearance Team Discovers Anti-Tank Minefield, Launches Awareness Campaign
President al-Alimi receives credentials of newly appointed Ambassadors
Deputy Minister of Foreign Affairs meets with Ambassador, Envoy of Kingdom of Norway
Minister of Planning Meets WB Officials to Strengthen Partnership and Boost Development
FM receives credentials of the Brazilian Ambassador
Developments economic, financial, monetary conditions in Yemen discussed in Washington
Central Bank, Ministry of Finance discuss with IMF supporting economic recovery efforts in Yemen
Leadership Council Chairman al-Alimi Emphasizes Restoration of Institutions and Relief Efforts
