[24/10/2024 05:04]
WASHINGTON - SABA
The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb has confirmed that Yemen has lost more than six billion dollars of its own resources during the previous thirty months only, as a result of the suspension of oil and gas exports due to the attacks of the Houthi terrorist militias on oil ports and tankers, adding to targeting international navigation in the Red Sea.
"As a result, costs of transportation and insurance redoubled, supply chain disrupted, food insecurity seriouslt deteriorated and poverty rates exceeded 80%", Ghalib said.
He made his statements as he contributed today, Thursday, to the meeting of central bank governors and finance ministers of the Middle East, North Africa and Pakistan, on the sidelines of the annual meetings of the IMF and the World Bank, held in Washington, DC.
Minister of Finance Salem bin Braik also contributed to the meeting's deliberations.
The meeting was chaired by the Managing Director of the IFM Ms. Kristalina Georgieva.
Ghalib touched on the unprecedented humanitarian crisis that Yemen has been experiencing as a result of the Iran-backed Houthi militias' coup and war, which has been going on for 11 years and due to unfavorable regional and international developments and their repercussions on the region and the world, including Yemen.
The Governor of the CBY called for an urgent support to Yemen to bail out the Yemeni national economy and sustain the government's efforts to manage the economic hardships.
Marib Explores Expanded Humanitarian Partnership with Turkish Aid Agency
Cabinet Reviews Current Developments, Enhance State Institutions Readiness
Head of Civil Status Authority Discusses Strengthening Cooperation with UNICEF Delegation
President al-Alimi: We Established Firm Deterrence Equation, Doors Remain Open to Fair Peace
Civil Aviation and Met. Authority Confirms that Prior Flight Permission Necessary to Inter Yemen Airspace
Yemen Condemns Repeated Iranian Attacks on Kuwait, Bahrain, Jordan
President al-Alimi, UN Envoy Discuss Efforts to Revive Yemen Peace Process
President al-Alimi: State Will Not Allow Flights Outside State Authority, Houthis Must Accept Humanitarian Alternatives
Masam Destroys 4,573 Explosive Remnants of War in Abyan
UN Envoy Welcomes Jordanian Initiative to Resume Amman-Sana'a Flights