President al-Alimi briefs Ambassadors of the countries sponsoring the political process on developments in the eastern governorates
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC), met today, Monday, with the Ambassadors of the countries sponsoring the political process in Yemen.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
Gold Prices Stabilize as Investors Await Key US Data Release
Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.
Celta Vigo Defeats Real Madrid 2-0 in La Liga
Celta Vigo defeated Real Madrid 2-0 in their La Liga match on Matchday 15.
Last Update: ،
2025/12/09
Time
08:47:41
Latest News:
Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Al-Arada Discusses Current Developments with Ambassadors of the United Kingdom, France
Taiz Governor Discusses Security and Humanitarian Situation with UN Officials
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
Latest News:
Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Al-Arada Discusses Current Developments with Ambassadors of the United Kingdom, France
Taiz Governor Discusses Security and Humanitarian Situation with UN Officials
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
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 -
President al-Alimi briefs Ambassadors of the countries sponsoring the political process on developments in the eastern governorates
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
President al-Alimi meets with French, British Ambassadors, U.S. Acting Ambassador
Presidential Leadership Council Member al-Arada chairs meeting of military commanders in Marib
President of the Leadership Council Departs Aden for Consultations on National Developments
Leadership Council Member Al-Arada Says Major National Issue is Liberation of Capital Sana'a
Ambassador Belfagih Meets Indonesian Immigration Chief to Enhance Bilateral Cooperation
Foreign Minister discusses with IOM cooperation
International Partnership Launched to Enhance Yemen's Maritime Security
